SoftBank secured an additional $450m, expanding a syndicated credit facility to
$6.5bn to fund increased AI investment, people familiar with the matter said.
The prior $6.05bn facility was due to expire this month; the revision gives
SoftBank another year to draw the enlarged line. More than 20 banks
participated. It is unclear whether SoftBank has drawn or plans to draw the new
capacity. The facility is priced at 210 bps over SOFR.
