SoftBank's Credit Risk Surges to Four-Year High Amid AI Funding Strain and Acquisition Push
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SoftBank Group's credit risk has climbed to its highest level in nearly four years, with investors increasingly concerned about the company's massive AI commitments and potential large-scale acquisition. The company's five-year credit-default swaps (CDS) reached 432 basis points on October 20, a level unseen since early November 2022, and have widened by more than 30 basis points following a surge past the 400 basis-point threshold just one week prior.
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