🔴 SoftBank Group is trading 3.45% down today as investors focus on its debt-financed OpenAI commitment

SoftBank Group is trading 3.45% down at $42.00 as investors focus on its large debt-financed OpenAI commitment.

• The company is taking orders for $10 billion in dollar-denominated bonds; proceeds will support a $10 billion OpenAI investment expected to close October 1.
• The financing adds leverage concerns alongside SoftBank’s recently expanded $25 billion Arm-backed margin loan.
• Reuters reported the bond sale, and coverage linked SoftBank’s recent weakness to the financing plans.