SoftBank pays off its OpenAI bridge loan early, takes a ¥321.9 billion derivative hit

An Intel share deal, a bigger Arm-backed margin loan, a term loan and bond proceeds replaced the unsecured facility ahead of its 2027 maturity SoftBank Group has cleared the bridge loan it took out to fund its massive bet on OpenAI , months before the money was due back. The catch is the price. One of the tools it used to raise cash, a prepaid forward tied to its Intel shares, left the company with a ¥321.9 billion derivative loss after Intel’s stock climbed. The original facility was a $40 billion unsecured bridge loan arranged in March 2026. It was set to mature in March 2027. Major banks led the deal, including JPMorgan Chase and Goldman Sachs.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Crypto Briefing.