SoftBank Secures $10 Billion Margin Loan Using OpenAI Stake as Collateral
SoftBank Group Corp. has arranged a $10 billion margin loan secured by its holding in OpenAI, entering a two-year credit facility signed with multiple global lenders. The funds will be deployed across the group and its Vision Fund II-2, while the loan contains protective covenants tied to the value of OpenAI's preferred shares.