SoftBank cuts OpenAI-backed loan target to $6B as lenders balk at valuation
SoftBank has cut a planned OpenAI‑backed margin loan from around $10 billion to roughly $6 billion after banks and private credit funds pushed back on...
Tag : loan
Applied Digital lines up $300M bridge loan to accelerate AI data center build
Applied Digital closed a Goldman-led $300M senior secured bridge loan to accelerate its next 150 MW AI data center, layering it on top of $2.15B...
Hut 8 refinances Bitcoin-backed loan with $200M FalconX deal
Nasdaq-listed Bitcoin mining and energy infrastructure company Hut 8 secured a $200 million Bitcoin-backed credit facility from institutional crypto prime brokerage FalconX, replacing its prior...
Senators Warren, Wyden Quiz Commerce Secretary Lutnick Over Tether Loan to Children’s Trust
Senators Elizabeth Warren (D-MA) and Ron Wyden (D-OR) have written to Commerce Secretary Howard Lutnick and Tether CEO Paolo Ardoino, requesting information about loans made...
Mantle’s 30,000 ETH loan for Aave enters vote as DeFi United tops $314m
Mantle’s proposal to lend up to 30,000 ETH to Aave’s DeFi United rsETH rescue has gone live on Snapshot, adding structured credit to a $314m...
Mantle proposes 30,000 ETH loan to help Aave cover bad debt
Mantle has proposed lending up to 30,000 ETH to Aave DAO to help address bad debt linked to the Kelp DAO exploit. Summary Mantle proposed...