SoftBank to Repay $25.9 Billion in Bridge Loans Early

SoftBank Group (SoftBank Group) plans to repay the remaining $25.9 billion of a $40 billion bridge loan on September 15, ahead of its original March maturity date. The funds were initially used for investments including OpenAI. SoftBank is replacing the short-term debt with long-term financing, which includes syndicated loans, bond issuances, and asset-backed financing, such as a $10 billion margin loan secured by its OpenAI stake.