SoftBank's $40 billion unsecured bridge loan, used to fund its $30 billion OpenAI investment, is expanding as three major European banks—HSBC, BNP Paribas and Intesa Sanpaolo—enter the syndicate as sub‑underwriters. The loan, originally underwritten by JPMorgan Chase, Goldman Sachs, Mizuho, Sumitomo Mitsui and MUFG, now has eight committed lenders. With a 12‑month maturity slated for March 2027, the financing underscores creditor confidence in SoftBank’s AI push and the anticipated OpenAI IPO later this year. Read more →