The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

← SoftBank

Softbank (dollar-bond sale of USD 10 billion, launched 2026-09-20) → Softbank

$10.0B (estimate) — **SoftBank launched a $10 billion dollar-bond sale (3.5-, 5.5- and 7.5-year tranches) alongside a €1 billion euro-bond sale (4- and 6-year tranches), with pricing slated for 09-24 and settlement 09-29, to fund the $10 billion payment due 10-01 on its next OpenAI investment tranch

high confidence · as of 2026-09-20T00:00:00Z · about SoftBank

$10.0B (estimate) — **SoftBank launched a $10 billion dollar-bond sale (3.5-, 5.5- and 7.5-year tranches) alongside a €1 billion euro-bond sale (4- and 6-year tranches), with pricing slated for 09-24 and settlement 09-29, to fund the $10 billion payment due 10-01 on its next OpenAI investment tranch


the working

Basis

$10.0B (estimate) — **SoftBank launched a $10 billion dollar-bond sale (3.5-, 5.5- and 7.5-year tranches) alongside a €1 billion euro-bond sale (4- and 6-year tranches), with pricing slated for 09-24 and settlement 09-29, to fund the $10 billion payment due 10-01 on its next OpenAI investment tranch

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