Slaughter and May advised SoftBank Group Corp. on a $40 billion bridge loan in connection with certain investments in OpenAI and for general corporate purposes.
SoftBank Group Corp. on Friday announced that it entered into a bridge facility agreement with a total facility amount of USD 40.0 billion. 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 Bridge Facility Agreement is for the purpose of raising funds required for the Follow-on Investment, as well as for general.
Debt finance partner Shameer Shah led the A&O Shearman deal team alongside counsel Alex Charles, associates Swati Lal and Nishant Prasad, and trainee Agapi Gavriilidi.
Ed Fife, Partner, Head of Banking, and Claire Cooke, Partner, led the Slaughter and May.
