SoftBank’s effort to secure a roughly US$6 billion margin loan tied to holdings related to OpenAI is reported to have stalled, according to Bloomberg News as cited by Channel NewsAsia. The report follows a recent adjustment by SoftBank, which weeks earlier cut its initial target from about US$10 billion to US$6 billion. The available reporting does not specify the exact reason for the slowdown or which part of the proposed transaction has encountered difficulties. It also does not provide details on whether the company is actively renegotiating terms, seeking alternative financing structures, or planning a revised timeline. What is clear across the limited information from the two outlets is that SoftBank’s planned financing has moved from an initial larger target to a smaller figure, and that the later, US$6 billion attempt does not appear to be progressing as intended. The reports also indicate that the situation is unfolding relatively recently, shortly after the target reduction, suggesting uncertainty around the deal’s completion.