SoftBank Rallies 21 New Lenders for $40 Billion OpenAI Bridge Loan

🚨 🇯🇵 SoftBank Group Corp.’s $40 billion bridge loan for its investment in US tech giant OpenAI has attracted a new group of 21 lenders in a broader syndication phase. The group, which adds to the number of financial institutions already on the deal, has been allocated around $7 billion of the facility in total. The 12-month loan, signed in March, is one of the largest-ever bridge financings in the Asia-Pacific

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