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SoftBank's $40 Billion OpenAI Loan Adds 21 New Lenders

SoftBank Group Corp. (SOBKY), the Japanese investment group backing U.S. technology company OpenAI, has attracted 21 additional lenders to the wider syndication of its $40 billion bridge loan. The new participants have been allocated approximately $7 billion of the facility, according to people fam…

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SoftBank's OpenAI Financing Moves Forward

SoftBank Group (SFTBY) has widened the lender group backing its $40 billion bridge loan for its OpenAI investment, bringing in 21 additional banks and institutions to spread the financing risk.The new lenders were allocated roughly $7 billion of the facility, according to Bloomberg. First Abu Dhabi…

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SoftBank Eyes Seven & i Stake

SoftBank Group (SFTBY, Financials), the Japanese investment company known for technology holdings and its Vision Fund, is reportedly considering a stake in Seven & i Holdings, the parent of 7-Eleven.PayPay is also looking at joining the deal, according to Bloomberg. The investment could be worth se…

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