• 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Your email address will not be published.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

  • What Is The “Heat Dome” Causing Baking Temperatures In The Eastern US This June?
  • Over 500 Bird Species At Risk In Next Century As We Face “Unprecedented” Extinction Crisis
  • World First: Mice With 2 Dads Father Their Own Offspring
  • Largest Ever Space-Based Gravitational Wave Observatory Begins Construction
  • Plastic Trash? This Bacterium Can Turn It Into Paracetamol – AKA Tylenol®
  • What Is The Earliest Evidence For Blue Eyes In Humans?
  • Now 124 Years Old, Henry Is The World’s Oldest Known Crocodile – And He’s A Big Boy
  • What Happened When A Kansas Family Lived With 2,055 Brown Recluse Spiders For 5 And A Half Years
  • The Last Thing A NASA Spacecraft Saw Before Plunging Into Saturn
  • Neolithic Ireland Wasn’t Ruled By Incestuous “God-Kings” After All
  • NASA’s Voyager 1 & 2 Were Not The First Missions To Reach The Outer Solar System
  • See Incredible First Images From Space Mission That Will Weigh All The World’s Forests
  • Nudes Of The Stone Age: 6,000-Year-Old Kołobrzeg Venus Is A Prehistoric Masterpiece
  • Cannabis And Human Remains Sent To Space Go Missing After Returning To Earth On SpaceX Mission
  • Mercury’s Steep Cliffs Might Be The Result Of The Sun Squeezing The Planet
  • Dennis Hope: The Man Who Allegedly Sold Presidents Land On The Moon (That He Doesn’t Own)
  • Video: Which Animal Has The Largest Brain?
  • Amazing First Images From World’s Largest Digital Camera Revealed
  • There’s Only One Person In The World With This Blood Type
  • Garden Snails Now Venomous According To Radical Redefinition, And Things Get Surprisingly Sexy
  • 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