Finance4 min reading time
SoftBank revives $10bn OpenAI-backed loan with a new sweetener for lenders
The Next Web
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SoftBank is renewing its $10 billion loan proposal secured by its OpenAI stake, now offering a personal guarantee to lenders to address previous concerns. The loan discussions involve major banks and follow OpenAI's confidential SEC filing hinting at a future public listing, which could provide clearer valuation for the loan collateral.
