Waymo Upsizes Its First Debt Deal to $5 Billion to Fund Global Expansion

Waymo Boosts Private Debt Deal to $5 Billion in Push for Growth

Waymo increased the size of its inaugural debt raise to $5 billion, tapping lenders to help fuel the robotaxi company’s growth as it expands globally.

Waymo borrows more than $3 billion in its first-ever debt deal

PIMCO, Blackstone and Sixth Street are supplying the loan, with Goldman Sachs advising, as Waymo pushes past 500,000 weekly paid rides across 14 cities and chases 1 million by year-end.

Waymo expands private debt raise to $5bn to fund robotaxi growth

Waymo has increased the size of its first debt financing to $5bn as the autonomous driving company turns to private credit to support the expansion of its robotaxi operations, according to a report by Bloomberg.

Waymo upsizes its first debt deal to $5 billion to fund global expansion

Waymo's $5B debt raise highlights the growing financial demands of global expansion and AI costs, impacting tech financing trends and equity dynamics.