SoftBank's $11 Billion Junk-Bond Sale Tests Market Appetite

Over $11 billion. That's SoftBank Group's bond package to fund its OpenAI investment, Reuters reported Sept. 23, which would rank among the largest junk-bond deals ever. Junk bonds mean lower credit ratings, higher interest for higher risk. The sale launched Sept. 21, with pricing expected Sept. 24. I think the sheer size will test buyer demand until pricing is set.