Finance

SoftBank-Tied Deal Raises Nearly $1 Billion for US Data Centers

A data-center developer sold $999 million of junk bonds for a project leased to a SoftBank Group Corp. subsidiary, capping April’s surge of debt issuance to help fund artificial intelligence efforts amid some concerns that such spending won’t pay off.

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Bloomberg
April 29, 2026·1 min read
SoftBank-Tied Deal Raises Nearly $1 Billion for US Data Centers

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A data-center developer sold $999 million of junk bonds for a project leased to a SoftBank Group Corp. subsidiary, capping April’s surge of debt issuance to help fund artificial intelligence efforts amid some concerns that such spending won’t pay off.

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SoftBank-Tied Deal Raises Nearly $1 Billion for US Data Centers

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