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SoftBank In Talks To Secure $10B Margin Loan Backed By OpenAI Stake, Sources Say

Goldman Sachs, JPMorgan And Mizuho Expected To Join Lending Consortium Previous Efforts To Secure Loan Against OpenAI Stake Stalled Due To Lack Of Lender Support

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08:12:02 PM UTC
SQUAWKNEWS
Said to be in talks with lenders on secring $10B margin loan backed by OpenAI stake and repayment guarantee - press
08:12:19 PM UTC
SQUAWKNEWS
SoftBank is in talks with lenders on securing $10 billion margin loan backed by an OpenAI stake and a repayment guarantee.
08:12:21 PM UTC
SQUAWKNEWS
Previous Softbank efforts to secure loan against its OpenAI stake had stalled due to lack of lender support - sources

Goldman Sachs, JPMorgan And Mizuho Expected To Join Lending Consortium Previous Efforts To Secure Loan Against OpenAI Stake Stalled Due To Lack Of Lender Support