SoftBank $40 Billion OpenAI Investment Loan Adds 21 Lenders
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SoftBank $40 Billion OpenAI Investment Loan Adds 21 Lenders
According to knowledgeable sources, SoftBank Group's $40 billion bridge loan raised to invest in OpenAI attracted 21 new lending institutions to join in the broader syndicated financing phase. Sources stated that these new lenders collectively secured a share of approximately $7 billion of the loan facility. Among them, First Abu Dhabi Bank, Government of Singapore Investment Corporation, and Standard Chartered Bank each subscribed to shares close to $1 billion. The remaining funds were allocated to certain banks in Europe, Japan, and the Taiwan region of China. Sources indicated that the remaining $33 billion of the bridge loan is currently still held by underwriters and senior lenders, but may undergo further syndicated distribution in the future. (Jin10)
Navigating Web3 tides with focused insightsTechFlow reports, on July 27, according to sources familiar with the matter, the $40 billion bridge loan raised by SoftBank Group to invest in OpenAI attracted 21 new lenders to join during the broader syndication phase. Sources stated that these new lenders collectively secured approximately $7 billion of the facility. Among them, First Abu Dhabi Bank, Government of Singapore Investment Corporation, and Standard Chartered Bank subscribed to nearly $1 billion each. The remaining funds were allocated to banks in parts of Europe, Japan, and the Taiwan region of China. Sources indicated that the remaining $33 billion of the bridge loan is currently held by underwriters and senior lenders, but may undergo further syndication in the future. (Jin10)
