junk bonds

Goldman says AI junk bond spreads hit record high

AI companies' borrowing costs are rising, and the stocks of "neocloud" providers are falling with them. US dollar high-yield AI-related debt spreads widened by 25 basis points between October 13 and 14 and hit a record 360 basis points over…

SoftBank’s $11B junk bond sale draws $20B in demand

SoftBank Group Corp. has kicked off one of the largest corporate high-yield bond sales ever, seeking to raise more than $11 billion to fund the Japanese conglomerate's expanding bet on artificial intelligence and its deepening financial ties to OpenAI.

SoftBank to court investors for up to $20B junk bond sale

SoftBank Group is preparing to meet with investors in New York next week to test appetite for what could be one of the largest junk-bond offerings in history, as the Japanese conglomerate scrambles to refinance a massive loan backing its…