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ByteDance Secures $29.6B Loan, Asia's Second-Largest USD Borrowing of 2026

ByteDance has secured a $29.6 billion loan, Asia's second-largest USD-denominated borrowing this year, behind SoftBank's $40 billion bridge loan from…

ByteDance has secured a $29.6 billion loan, making it Asia's second-largest USD-denominated borrowing this year, behind SoftBank's $40 billion bridge loan signed in March, according to Bloomberg1,2. No details on the loan's intended use were disclosed in the reporting.