Published Aug 18, 2026, 8:55 AM ET · Updated 3 months ago · 1 source
ByteDance Draws Over $30 Billion in Orders for Jumbo Bank Loan
bloomberg
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Original Report
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.