SoftBank's attempt to get $6 billion OpenAI margin loan stalls, Bloomberg News reports


FILE PHOTO: The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025. REUTERS/Issei Kato/File Photo

June ⁠10 (Reuters) - SoftBank Group's ⁠talks with potential ‌creditors to raise at least $6 billion from ​a margin loan ⁠backed ⁠by its OpenAI stake ⁠have stalled, ‌Bloomberg News ⁠reported on Wednesday, citing ​sources.

The ‌company is considering various ⁠fundraising ​options, the report said, adding ⁠that it could ​still move forward with the margin ⁠loan at a later stage.

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