People familiar with the matter revealed that the 40 billion US dollar transition loan arranged by SoftBank Group to invest in US tech giant OpenAI has now entered the large-scale distribution stage, with 21 additional financial institutions participating in the loan. People familiar with the matter, who did not wish to be named and were interviewed anonymously because the matter was not disclosed, said that this group of new institutions were additional investors in addition to the original loan lineup, and received a total loan amount of about 7 billion US dollars. Among them, Abu Dhabi First Bank, Singapore Government Investment Corporation, and Standard Chartered Bank each undertook nearly 1 billion US dollars, and the remaining amount was shared by a number of banks in Europe, Japan, and Taiwan. The statistical caliber of 21 new institutions is the parent company of each institution, and many branches of some institutions are participating in this loan project. People familiar with the matter said that the remaining 33 billion US dollars of this bridging loan is held by the lead underwriter and core senior lenders, and it is likely that it will continue to be distributed abroad in the future. In credit transactions, splitting distribution loans from initial underwriters to more financial institutions is a routine operation in the industry. This 12-month loan was signed in March of this year. It is one of the largest transition financing projects in the history of the Asia-Pacific region. Underwriters can earn more than 100 million US dollars in processing fees from it. Although some banks are concerned about SoftBank's investment exposure risk to OpenAI, the loan had already attracted 9 banks to enter the market before distribution was fully opened in May.

People familiar with the matter revealed that the 40 billion US dollar transition loan arranged by SoftBank Group to invest in US tech giant OpenAI has now entered the large-scale distribution stage, with 21 additional financial institutions participating in the loan. People familiar with the matter, who did not wish to be named and were interviewed anonymously because the matter was not disclosed, said that this group of new institutions were additional investors in addition to the original loan lineup, and received a total loan amount of about 7 billion US dollars. Among them, Abu Dhabi First Bank, Singapore Government Investment Corporation, and Standard Chartered Bank each undertook nearly 1 billion US dollars, and the remaining amount was shared by a number of banks in Europe, Japan, and Taiwan. The statistical caliber of 21 new institutions is the parent company of each institution, and many branches of some institutions are participating in this loan project. People familiar with the matter said that the remaining 33 billion US dollars of this bridging loan is held by the lead underwriter and core senior lenders, and it is likely that it will continue to be distributed abroad in the future. In credit transactions, splitting distribution loans from initial underwriters to more financial institutions is a routine operation in the industry. This 12-month loan was signed in March of this year. It is one of the largest transition financing projects in the history of the Asia-Pacific region. Underwriters can earn more than 100 million US dollars in processing fees from it. Although some banks are concerned about SoftBank's investment exposure risk to OpenAI, the loan had already attracted 9 banks to enter the market before distribution was fully opened in May.