SoftBank is looking for project financing to support its $500 billion Stargate Project in collaboration with OpenAI. The company may use a financing strategy that involves only 10% equity and the rest leveraged from debt markets. The initial investment required is $100 billion, and SoftBank is in talks to attract new investors. The funding structure may include a combination of common equity, preferred equity, mezzanine debt, and senior debt. The Stargate Project, one of the largest AI datacenter projects, has commenced in Texas and will expand to other states. The financing details have not been fully disclosed yet.
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