TECH - Masayoshi Son's SoftBank Negotiates $10B Energy Project Funding With Banks: Report | Benzinga
Masayoshi Son‘s SoftBank Group (OTC:SFTBY) is reportedly in talks with banks to secure loans for energy-related projects. The projects are estimated to be worth up to $10 billion.
What Happened: A person with direct knowledge of the matter said that the group could raise the required capital through bank loans and by involving other investors, The Verge reported via The Information, on Thursday.
SoftBank has yet to respond to the queries sent by Benzinga.