ARM potentially liable for $8.5 million SoftBank debt

Penny Horwood
clock • 2 min read
ARM potentially liable for $8.5 million SoftBank debt

As a guarantor, chip designer will be liable for the SoftBank debt if it fails to file for IPO by end of this September.

British chip designer Arm, appears to be liable for an $8.5 billion loan which was made to its owner SoftBank, in the event that the company delays its initial public offering (IPO) beyond Septembe...

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