Takahiko Hyuga

SoftBank Group Corp. priced yen hybrid bonds targeting retail investors at an initial five-year coupon of 4.97%, marking the highest level for such debt issued by the company.

SoftBank Group Corp. sold about $3.6 billion of junk bonds Wednesday, as aggressive investments in artificial intelligence by the Japanese conglomerate has helped fuel a surge in the firm’s funding costs.

(Bloomberg) -- Alphabet Inc. sold ¥576.5 billion ($3.6 billion) of bonds in the biggest ever yen deal by a non-Japanese company as competition to fund data centers and AI infrastructure intensifies.

US insurer Aflac Inc. on Thursday sold a yen bond totaling ¥65.9 billion ($415 million) across four tranches, joining a wave of foreign issuers tapping Japan’s credit market.

(Bloomberg) -- US insurer Aflac Inc. on Thursday sold a yen bond totaling ¥65.9 billion ($415 million) across four tranches, joining a wave of foreign issuers tapping Japan's credit market.

(Bloomberg) -- US insurer Aflac Inc. on Thursday sold yen bonds totaling ¥65.9 billion ($415 million) across four tranches, joining a wave of foreign issuers tapping Japan’s credit market.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran Threatens to Retaliate Beyond Middle East If US AttacksNvidia Tells Skeptical Investors AI Is Ready to Go MainstreamGoldman CEO Slides Into Musk’s DMs Duri

SoftBank Group Corp. plans to raise ¥260 billion ($1.6 billion) through another sale of subordinated bonds aimed mainly at individual investors, about two months after a similar retail offering.

Credit Agricole SA set terms for ¥106.5 billion ($670 million) of samurai bonds, offering wider spreads than comparable domestic corporate debt amid rising benchmark yen rates.

SoftBank Group Corp. set terms for a subordinated bond offering with the highest coupon yet on its yen-denominated debt.

The yen-denominated bond sale is an early test of investor appetite for Japanese companies pursuing growth through large overseas acquisitions.