ByteDance secures $29.6 billion loan after seeking $20 billion
Bloomberg News reports ByteDance has secured a $29.6 billion loan, after initially seeking a $20 billion facility and increasing the size on strong bank commitments.
Bytedance has secured a $29.6 billion loan, Bloomberg News reported on Thursday, citing people familiar with the matter.The Chinese tech giant was originally seeking a $20 billion facility, but increased the size after gathering strong commitments from banks, Bloomberg News reported.Reuters could n…