SoftBank draws over $20 billion of early interest in junk bond

SoftBank has drawn more than $20 billion of preliminary demand for what’s shaping up to be one of the biggest junk bond deals ever, as investors rush to capture record yields likely to be offered to help fund the firm’s investments in OpenAI.SoftBank has drawn more than $20 billion of preliminary demand for what’s shaping up to be one of the biggest junk bond deals ever, as investors rush to capture record yields likely to be offered to help fund the firm’s investments in OpenAI.