CoinScoopSoftBank Increases Credit Facility to $6.5 Billion to Support AI Investments
SoftBank Group has expanded its credit facility by $450 million, bringing the total to $6.5 billion to enhance financial flexibility for its artificial intelligence investments. The previous $6.05 billion facility was extended for one year, with over 20 banks participating in the new agreement at a rate 210 basis points above the benchmark.
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