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BusinessMoving now · day 7

Apollo mulls raising SoftBank loan to $9B for OpenAI bets

Apollo Global Management is in talks to boost its financing to SoftBank from $5.4 billion to $9 billion to fund the Japanese firm's AI investments.

newest coverage 1h agosummary written 6d ago72 pieces158 likes & upvotes14 comments NewswiresMastodonGoogle NewsXRedditHacker News

Part of a larger narrative

OpenAI's Funding Race

2 stories · since Sep 14 · newest 1h ago — OpenAI pursues massive private capital raises and explores alternative financing structures as its path to a public IPO becomes increasingly uncertain.

  1. Apollo mulls raising SoftBank loan to $9B for OpenAI betsyou are here
  2. OpenAI in talks for $1.2T private round as IPO slips further

What to know

  • Apollo is negotiating to raise a NAV loan to SoftBank from $5.4 billion to $9 billion to finance SoftBank's AI expansion, particularly its OpenAI holdings.
  • The financing, backed by assets in SoftBank's Vision Fund 2, has not yet been finalized and discussions remain private.
  • SoftBank's aggressive AI borrowing strategy has triggered rising credit default swap costs on its debt, reaching three-year highs amid AI safety concerns.

Apollo Global Management Inc. LenderSoftBank Group Corp. BorrowerOpenAI Investment target

Apollo mulls raising SoftBank loan to $9B for OpenAI bets
Japan Times

How it unfolded 2 developments, newest first · click a bar or a number to jump articlespostscomments

Peak 18 pieces in two hours at Sep 20, 9 PM; 72 pieces over 7 days (55 articles · 16 posts · 1 comment) Sep 17, 1 AM — 2 pieces · 1 article · 1 post — Mastodon 1, Newswires 1Sep 17, 3 AM — quietSep 17, 5 AM — 1 piece · 1 article — Newswires 1Sep 17, 7 AM — 1 piece · 1 article — Newswires 1Sep 17, 9 AM — quietSep 17, 11 AM — quietSep 17, 1 PM — quietSep 17, 3 PM — quietSep 17, 5 PM — quietSep 17, 7 PM — quietSep 17, 9 PM — 1 piece · 1 article — Google News 1Sep 17, 11 PM — quietSep 18, 1 AM — quietSep 18, 3 AM — quietSep 18, 5 AM — quietSep 18, 7 AM — quietSep 18, 9 AM — quietSep 18, 11 AM — quietSep 18, 1 PM — quietSep 18, 3 PM — quietSep 18, 5 PM — quietSep 18, 7 PM — quietSep 18, 9 PM — quietSep 18, 11 PM — quietSep 19, 1 AM — quietSep 19, 3 AM — quietSep 19, 5 AM — quietSep 19, 7 AM — quietSep 19, 9 AM — quietSep 19, 11 AM — quietSep 19, 1 PM — quietSep 19, 3 PM — quietSep 19, 5 PM — quietSep 19, 7 PM — quietSep 19, 9 PM — quietSep 19, 11 PM — quietSep 20, 1 AM — quietSep 20, 3 AM — quietSep 20, 5 AM — quietSep 20, 7 AM — quietSep 20, 9 AM — quietSep 20, 11 AM — quietSep 20, 1 PM — quietSep 20, 3 PM — quietSep 20, 5 PM — quietSep 20, 7 PM — 11 pieces · 9 articles · 2 posts — Google News 6, Newswires 3, Mastodon 2Sep 20, 9 PM — 18 pieces · 16 articles · 2 posts — Newswires 16, X 1, Mastodon 1Sep 20, 11 PM — 2 pieces · 2 articles — Newswires 2Sep 21, 1 AM — 4 pieces · 3 posts · 1 comment — Reddit 3, Mastodon 1Sep 21, 3 AM — 6 pieces · 4 articles · 2 posts — Google News 3, Mastodon 2, Newswires 1Sep 21, 5 AM — 6 pieces · 4 articles · 2 posts — Newswires 3, Google News 1, Mastodon 1, +1 moreSep 21, 7 AM — 1 piece · 1 article — Newswires 1Sep 21, 9 AM — 1 piece · 1 article — Newswires 1Sep 21, 11 AM — 2 pieces · 2 articles — Newswires 2Sep 21, 1 PM — quietSep 21, 3 PM — quietSep 21, 5 PM — quietSep 21, 7 PM — quietSep 21, 9 PM — quietSep 21, 11 PM — quietSep 22, 1 AM — quietSep 22, 3 AM — 2 pieces · 1 article · 1 post — Mastodon 1, Newswires 1Sep 22, 5 AM — quietSep 22, 7 AM — quietSep 22, 9 AM — quietSep 22, 11 AM — quietSep 22, 1 PM — quietSep 22, 3 PM — quietSep 22, 5 PM — quietSep 22, 7 PM — quietSep 22, 9 PM — 2 pieces · 1 article · 1 post — Mastodon 1, Newswires 1Sep 22, 11 PM — quietYesterday, 1 AM — quietYesterday, 3 AM — quietYesterday, 5 AM — quietYesterday, 7 AM — 1 piece · 1 article — Newswires 1Yesterday, 9 AM — quietYesterday, 11 AM — quietYesterday, 1 PM — quietYesterday, 3 PM — quietYesterday, 5 PM — quietYesterday, 7 PM — 3 pieces · 3 articles — Newswires 3Yesterday, 9 PM — 8 pieces · 6 articles · 2 posts — Newswires 6, Mastodon 2Yesterday, 11 PM — quiet 12
Sep 18Sep 19Sep 20Sep 21Sep 22yesterdaynow · 12:58 AM ET
  1. 2

    SoftBank's AI borrowing raises credit concerns

    SoftBank's extensive borrowing to finance AI investments has put its debt servicing into focus, with credit-default swaps on the company's debt rising to a three-year high this week amid broader concerns about AI safety issues.

    1. 10 outlets Softbank seeks US$11bn in junk bonds for OpenAI

      first by Taipei Times, 3d ago · also Tech in Asia, Pulse 2.0, Reuters, Investing.com News, Channel News Asia, Bloomberg +3

      8 more headlines

    • BREAKING: SoftBank is set to raise more than $11 billion, in what will be one of the biggest junk bond deals ever, to fund a follow-on investment in OpenAI, per Bloomberg. As part of its funding campaign this year, SoftBank has sold ~$15 billion worth of notes, making it the

      @KobeissiLetterX3d ago154▲view on X ↗
    2 more of the top 3 · 4 posts in this stretch

    • SoftBank is set to raise more than $11 billion, in what will be one of the biggest junk bond deals ever, to fund a follow-on investment in OpenAI, per Bloomberg. As part of its funding campaign this year, SoftBank has sold ~$15 billion worth of notes, making it the biggest junk-rated borrower in bond markets so far in 2026.

      No_Way_6258r/technology2d agoview on r/technology ↗

    • SoftBank Seeks Over $11 Billion in Junk Bond Deal for OpenAI Bet https://www. bloomberg.com/news/articles/20 26-09-21/softbank-seeks-over-11-billion-in-junk-bond-deal-for-openai-bet?utm_source=flipboard&utm_medium=activitypub Posted into Bloomberg Television @ bloomberg-television-bloomberg

      bloomberg@flipboard.comMastodon3d agoview on Mastodon ↗
    all of them →
  2. 3 days quiet
  3. 1

    Apollo in talks to raise SoftBank loan to $9 billion

    Apollo Global Management is in talks with SoftBank Group about boosting the loan size to $9 billion from $5.4 billion to help finance SoftBank's investments in OpenAI. The size of the financing, backed by assets in SoftBank's Vision Fund 2, has not been finalized.

    “Apollo Global Management Inc. is in talks with SoftBank Group Corp. about boosting the size of a loan to $9 billion from $5.4 billion to help the Japanese firm amplify its bets on AI giant OpenAI.”
    — Bloomberg Markets
    1. 20 outlets SoftBank launches $11 billion bonds to fund OpenAI investment

      first by Reuters, 3d ago · also Yahoo Finance Singapore, CNA, Seoul Economic Daily, Business Today, Newsquawk, FT +13

      18 more headlines
    2. 3 outlets Apollo considers boosting SoftBank loan to $9B for OpenAI investment - report

      first by Seeking Alpha, 6d ago · also Japan Times, Bloomberg Markets

      1 more headline
  4. background

    Apollo boosts loan to SoftBank by $900 million — Apollo increased the NAV loan by $900 million to bring it to $5.4 billion.

  5. background

    Apollo extends initial NAV loan to SoftBank — Apollo Global Management made an initial net-asset-value (NAV) loan to SoftBank's venture capital fund in 2021.

Also covered reported alongside — the timeline has no entry for these yet

  1. 3 outlets SoftBank plans more than $11 bln bond sale to fund OpenAI bets, Bloomberg reports

    first by Investing.com News, 3d ago · also Yahoo Finance, Investing.com India

    1 more headline

and 3 smaller pieces

What people are saying 1 voices from 1 site · best of 4 · verbatim