News · last 7 days

SoftBank's record ¥1 trillion ($6.3bn) seven-year retail bond priced at a 4.75% coupon — the top of the 4.3-4.9% indicative range, not the middle. 2026-09-04

Summary

Masayoshi Son's SoftBank added 21 new lenders to the $40 billion bridge loan against his OpenAI stake, which now carries a March 2027 maturity date.

SoftBank added 21 new lenders to the $40 billion bridge loan secured against Son's OpenAI stake, as of July 28.
That loan is now confirmed to mature on March 25, 2027.
Son's empire is also underwriting a 10GW Ohio Stargate campus that Nvidia may guarantee for $250-500 billion.
Son has pledged 87.1% of Arm as loan collateral, seeking a $5 billion loan plus a $20 billion margin loan with an unresolved December 2025 deadline.

Whether Son's fully collateralized bet across OpenAI, Arm, and Stargate holds if any single piece comes under financial stress.

People

Masayoshi Son

Masayoshi Son

The principal person controlling one or more organizations.

Controls SoftBank (~71% voting) and the Vision Fund raise machine; now wired as softbank's House.

Deployable capital

~$110B — controls SoftBank + the Vision Fund raise machine, but personal stake levered (~1/3 pledged)

as of 2026-07-25 · what they could personally set in motion within ~12 months

Holds

Organization SoftBank

Across its realms this week

· OpenAI IPO financing — developing

· Stargate coalition — developing

· Datacenter Sites buildout race — open

· Lab IPO Wave financing — open

· Arm Royalty Regime authority claim — open

· Son All-In hedge — open

· Oracle's Stargate Bet financing — open

Vocabulary