Kari Soo Lindberg

SoftBank Group Corp.’s $40 billion bridge loan for its investment in US tech giant OpenAI has attracted a new group of 21 lenders in a broader syndication phase, according to people familiar with the matter.

An attempt by a lender to offload a portion of a loan backing a Hong Kong data center project is highlighting a global trend of banks reshuffling lending to keep exposure to the booming sector within limits.

Sovereign wealth fund Kuwait Investment Authority has secured a $4.25 billion syndicated loan, according to people familiar with the matter, a rare such deal in a region where lending has dropped off since the conflict in Iran began.

Germany, France and Spain had exploratory discussions with bankers about China’s dim sum bond market, according to people familiar with the matter, but none of them say they have plans to pursue such offerings at the moment.

ByteDance Ltd., the developer of TikTok, has attracted more than $30 billion of orders for its jumbo syndicated loan, people familiar with the matter said, indicating strong interest from lenders as the Chinese technology giant ramps up investments in artificial intelligence.

The US government is investigating Singapore-based Apex Logistics for its suspected role in smuggling Nvidia Corp. AI chips to China, people familiar with the matter said, in what may result in the first action against a transportation company for allegedly participating in the illegal semiconductor trade.

SoftBank Group Corp. is seeking a $10 billion loan, as it looks for more funding to help refinance debt used for its investment in US tech giant OpenAI, according to people familiar with the matter.

Some Asian banks have resumed lending to borrowers in Gulf countries, indicating that they are starting to look past the risk of the conflict in Iran as a lack of deals leaves them with capital to deploy.

Singapore’s CapitaLand Investment Ltd. is targeting $500 million in commitments from investors for its third Asia Pacific credit program, according to people familiar with the matter.

The private equity industry needs to create value the “old-fashioned way” as the era of expansion fades, Scott Kleinman, co-president of Apollo Global Management, said in an interview with Bloomberg TV.