SoftBank's $400 billion OpenAI loan adds 21 new lenders
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SoftBank’s $400 billion bridge loan for its OpenAI investment has attracted 21 new lenders, enhancing liquidity and boosting activity in crypto markets. New lenders, including Abu Dhabi Commercial Bank, Singapore’s GIC, and Standard Chartered, secured approximately $70 billion. CFT compliance remained a key consideration throughout the syndication process. The underwriters retain the remaining $330 billion, with future distribution expected.
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