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Technology

SoftBank seeks another $10 billion loan for OpenAI stake funding

Economic Times - Tech · 28 August 2026 at 12:50 pm

SoftBank seeks another $10 billion loan for OpenAI stake funding

The interest margin on the two-year facility would be around 275 basis point over the benchmark Secured Overnight Financing Rate, and Mizuho Bank Ltd. is the mandated lead arranger and bookrunner, said the people, who asked not to be identified as the matter is private.

Read the full article on Economic Times - Tech ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to Economic Times - Tech.

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