SoftBank’s $40B Bridge Loan Is a High‑Leverage Bet on OpenAI’s 2026 IPO — Here’s what will make or break it
SoftBank’s newly arranged $40 billion unsecured bridge loan — put together by JPMorgan Chase, Goldman Sachs, Mizuho, SMBC and MUFG and maturing in March 2027 — is not a routine financing. It concentrates liquidity risk on one outcome: an OpenAI IPO on a timeline and at a valuation that will let SoftBank turn that private […]
