SoftBank enters USD 40 billion bridge facility with JPMorgan, Goldman Sachs, Mizuho, SMBC, MUFG; maturity extends to March 25, 2027
Reuters
Yesterday
SoftBank enters USD 40 billion bridge facility with JPMorgan, Goldman Sachs, Mizuho, SMBC, MUFG; maturity extends to March 25, 2027
SoftBank signed a bridge facility agreement for a total facility amount of USD 40.0 billion.
The lenders are JPMorgan Chase, Goldman Sachs, Mizuho Bank, Sumitomo Mitsui Banking, and MUFG Bank.
The facility matures on March 25, 2027.
SoftBank said the financing is intended to fund a USD 30.0 billion follow-on investment in OpenAI and for general corporate purposes.
The bridge facility is unsecured.
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