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ByteDance Draws Over $30 Billion in Orders for Jumbo Bank Loan

Summary by Bloomberg
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.

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ByteDance Draws Over $30 Billion in Orders for Jumbo Bank Loan

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.

·New York, United States
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Bloomberg broke the news in New York, United States on Tuesday, August 18, 2026.
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