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SoftBank CDS Near Three-Year High as OpenAI Funding Plans Put Debt Load in Focus

  • Funding & M&A
  • Foundation Models

SoftBank's credit default swaps hovered near a three-year high as traders weighed how its OpenAI financing plan could reshape the Japanese investment group's credit risk. The move turns the AI boom into a credit-market story: OpenAI's rising valuation may lift SoftBank's upside, but the path there requires tens of billions of dollars of borrowing, refinancing and market access.

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