NTT Inc. is preparing to raise roughly $10 billion through a multi-currency debt offering, a move that would mark the largest bond sale by an Asian corporation so far this year. The proceeds are earmarked for the company’s aggressive push into AI-ready data center infrastructure.

A repeat performance from a record-setter

In July 2025, NTT Finance Corporation, the company’s financing subsidiary, pulled off a $17.7 billion dual-currency bond package. That deal included $11.25 billion in dollar-denominated notes alone, making it the largest bond sale by an Asian corporation at the time. The July 2025 mega-deal was designed to refinance bridge loans that had been used to privatize NTT’s data center operations.

Reports indicate the company is planning an approximately $8 billion to $10 billion dual-currency bond sale, with some references pointing to activity as early as May 2026. The company also maintains a $10 billion Euro Medium Term Note program, which it has already tapped for tranches in USD, EUR, and GBP with maturities stretching from 2028 to 2038.

Where the money is going