SoftBank to meet investors as potential jumbo bond sale eyed

SoftBank Group will hold meetings with investors in New York next week to sound out interest for a potential U.S. dollar junk-bond sale, as billionaire Masayoshi Son's investment firm presses ahead with a borrowing spree to finance its massive bet on artificial intelligence.

Chief Financial Officer Yoshimitsu Goto and other SoftBank executives will hold discussions in person from Sept. 14 to Sept. 17 at Citigroup's office, according to a person familiar with the matter.

Citi, Goldman Sachs Group, JPMorgan Chase and Morgan Stanley are arranging meetings with investors eligible to purchase notes sold in the U.S. under rule 144A, the person added, asking not to be identified because they're not authorized to speak publicly. The gatherings aren't tied to a particular offering.

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