SoftBank Revives $10 Billion Margin Loan Against OpenAI Stake With Concessions to Lenders
- SoftBank has reopened talks with a bank consortium expected to include Goldman Sachs, JPMorgan and Mizuho for a roughly $10 billion margin loan secured by its OpenAI stake, after earlier attempts stalled over hard-to-value private collateral, per Reuters.
- To placate lenders, SoftBank is now offering a repayment guarantee giving banks recourse to the broader SoftBank Group if the pledged OpenAI shares decline in value.
- The fresh push comes as SoftBank works to monetize a swelling OpenAI position while funding aggressive AI and chip-related investments; the loan would rank among the largest margin financings tied to a single private AI asset.