Drooid Logo
Back to today’s briefing

Story perspectives

SoftBank Negotiates Apollo Loan Increase to $9 Billion

By Drooid · · How we work

21 2 Full Breakdown

1 of 1

Story summary
  • SoftBank Group is negotiating with Apollo Global Management to raise Vision Fund 2’s loan to $9 billion.
  • The loan increase would lift the amount from $5.4 billion to $9 billion, a 67 percent rise.
  • SoftBank secured a $10 billion loan in August, using its OpenAI stake as collateral, with Apollo among lenders.
  • Vision Fund 2 holds over $100 billion of committed capital as of February, and SoftBank may launch a $10-$20 billion overseas junk-bond sale.