Execution of Bridge Facility Agreement Primarily for the Follow-on Investments in OpenAI
SoftBank Group Corp. (“SBG”) today announced that it entered into a bridge facility agreement (the “Bridge Facility Agreement”) with a total facility amount of USD 40.0 billion (JPY 6,384.0 billion*1). As announced in “Follow-on Investments in OpenAI” dated February 27, 2026, SBG entered into a definitive agreement with OpenAI Group PBC, a U.S.-based company, on February 27, 2026 (U.S. time), to make follow-on investments of USD 30.0 billion via SoftBank Vision Fund 2 (the “Follow-on Investment”). The Bridge Facility Agreement is for the purpose of raising funds required for the Follow-on Investment, as well as for general corporate purposes.
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Converted at USD = JPY 159.60
1. Summary of the Bridge Facility Agreement
| (1) Borrowers | SBG and its wholly owned subsidiary conducting fund procurement (overseas) |
|---|---|
| (2) Lenders | JPMorgan Chase, Goldman Sachs, Mizuho Bank, Sumitomo Mitsui Banking Corporation, and MUFG Bank |
| (3) Date of execution | March 27, 2026 |
| (4) Total facility amount | USD 40.0 billion |
| (5) Maturity date | March 25, 2027 |
| (6) Collateral | None |
2. Future Outlook
Borrowings under the Bridge Facility Agreement are expected to be repaid in stages by the maturity date through the utilization of existing assets and other financing measures.
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