Worth reading
46Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
111
Equivalent to billions of U.S. dollarsWording
Conditional
How definitive the wording is.Details of issuance or disposal
Issuance of U.S. dollar-denominated senior notes and euro-denominated senior notes
Total issue value
U.S. dollar-denominated senior notes: US$10 billion in total; euro-denominated senior notes: €1 billion in total; equivalent to approximately US$11.1 billion in total (equivalent to approximately ¥1.7632 trillion)
Specific use of funds
Additional investment in OpenAI Group PBC (the final, third tranche)Amount US$10 billion / Scheduled timing of expenditures Scheduled for 1 October 2026
General corporate purposes
Offering structure
Underwriter / lead underwriter
Citigroup Global Markets Inc.Goldman Sachs & Co. LLCJ.P. Morgan Securities LLCMorgan Stanley & Co. LLCJ.P. Morgan Securities plcDeutsche Bank AG, London BranchGoldman Sachs International
Payment date
29 September 2026 (scheduled)
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of U.S. dollar-denominated senior notes and euro-denominated senior notes |
| Issue price and disposal price | Issue price: 100% of face value (U.S. dollar- and euro-denominated) |
| Total issue value | U.S. dollar-denominated senior notes: US$10 billion in total; euro-denominated senior notes: €1 billion in total; equivalent to approximately US$11.1 billion in total (equivalent to approximately ¥1.7632 trillion) |
| Specific use of funds | Details Additional investment in OpenAI Group PBC (the final, third tranche) / Amount US$10 billion / Scheduled timing of expenditures Scheduled for 1 October 2026, Details General corporate purposes / Amount Not disclosed / Scheduled timing of expenditures Not disclosed |
| Payment date | 29 September 2026 (scheduled) |
| Underwriter / lead underwriter | Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, J.P. Morgan Securities plc, Deutsche Bank AG, London Branch, Goldman Sachs International |
Items this document does not state (22)
Number of shares to be issued or disposed ofAmount of funds to be raisedEstimated issuance expensesIntended allotteeIntended allottee's holding policyDilution RateTotal number of issued sharesBasis for determining the amount to be paidExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationCategories and Number of Persons CoveredTotal Stock-Based CompensationOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMost recent equity financingMajor shareholders after the offeringImpact on Business Performance
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To fund the US$10 billion additional investment in OpenAI Group PBC scheduled to be made on 1 October 2026 and general corporate purposes. The remaining US$10 billion borrowing capacity is scheduled to be cancelled.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.