• Email Us: [email protected]
  • Contact Us: +1 718 874 1545
  • Skip to main content
  • Skip to primary sidebar

Medical Market Report

  • Home
  • All Reports
  • About Us
  • Contact Us

ByteDance in talks to borrow up to $5 billion – The Information

September 8, 2021 by David Barret Leave a Comment

September 8, 2021

(Reuters) – ByteDance, the Chinese owner of short-video platform TikTok, is in talks with banks to borrow up to $5 billion to refinance debt and pay for overseas expansion, The Information reported https://ift.tt/3yN4aje on Wednesday, citing people with knowledge of the matter.

The company and the banks have discussed raising between $4 billion to $5 billion, but the exact size of the loan has not been finalised yet as the debt financing talks are still ongoing, the report said.

ByteDance did not immediately respond to a Reuters request for comment.

(Reporting by Aakriti Bhalla in Bengaluru; Editing by Devika Syamnath)

Source Link ByteDance in talks to borrow up to $5 billion – The Information

David Barret
David Barret

Related posts:

  1. ‘Uncontrolled’ Spanish wildfire was started deliberately, official says
  2. Oil losses from Hurricane Ida rank among worst in 16 years
  3. IAEA says Iran is stonewalling as talks on nuclear deal hang in balance
  4. E-commerce aggregator Rainforest raises $20M just months after its last funding

Filed Under: News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

  • Dead Sea Scrolls May Have Been Written By Original Authors Of The Bible
  • The World’s Oldest-Ever Cat Lived On A Delicious-Sounding Diet – Including Wine
  • Next Megatsunami May Sink Parts Of The Pacific Northwest Coast By Up To 2 Meters
  • Magnetic Curtains As Wide As A City Seen On The Sun In Unexpected Findings
  • The Colorado River Basin Has Lost Enough Groundwater Alone To Fill Lake Mead
  • Ping-Pong Sponges, Dragonfish, And Snailfish Eggs Delight Scientists Exploring The Planet’s Most Remote Trenches
  • Morenci Mine, The Largest Copper Mine In US, Is A Sight To Behold
  • The Standard Model Saved Once More Thanks To The Most Precise Muon Measurement
  • New Study Rules Out Popular Version Of The Simulation Hypothesis
  • What Is Trump’s “Gold Standard Science” Actually About?
  • Suspect Accused Of Fowl Play In Scrubbed Australian Rocket Launch Is Innocent
  • Two Yangtze Finless Porpoises Have Been Returned To The Wild For First Time In China
  • Sun Filtered By Dust In Florida As Haboob The Size Of 48 States Approaches The US
  • What Is The Alaska Triangle?
  • “Egyptian Blue” Was A Color Lost To History. Finally, We Can Make It Again
  • Satellite Image Shows A Human Head Peering Out Of The Landscape In Canada
  • Video Shows Physicists Achieve “Impossible” Feat Of Rolling A Ball Vertically
  • Octopus Survives Suspected Predator Attack And Regrows Limbs – But Ends Up With 9, Not 8
  • These Are All The NASA Missions That Trump Wants To Cancel
  • Cells Outside The Brain Show Signs Of Memory And “Learning” For The First Time
  • Business
  • Health
  • News
  • Science
  • Technology
  • +1 718 874 1545
  • +91 78878 22626
  • [email protected]
Office Address
Prudour Pvt. Ltd. 420 Lexington Avenue Suite 300 New York City, NY 10170.

Powered by Prudour Network

Copyrights © 2025 · Medical Market Report. All Rights Reserved.

Go to mobile version