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SoftBank Seeks a Second $10bn Loan Against Its OpenAI Stake

The financing would help repay a $40 billion bridge loan and support SoftBank’s planned OpenAI investment commitments, people familiar with the matter said.

Summary by TNW
SoftBank is seeking a further $10bn loan to fund its OpenAI stake, Bloomberg reported on Friday. It closed a loan of exactly that size, secured against the same asset, 22 days earlier. TNW has not independently verified the report and could not review its full terms, so what follows sets the reported request against the […] This story continues at The Next Web

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SoftBank Seeks Another $10 Billion Loan for OpenAI Stake Funding

SoftBank Group Corp. is seeking a $10 billion loan, as it looks for more funding to help refinance debt used for its investment in US tech giant OpenAI, according to people familiar with the matter.

·New York, United States
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TFTC broke the news on Thursday, August 27, 2026.
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