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ByteDance Secures $30 Billion Loan from Major Lenders

Key takeaways

  • ByteDance has finalized a $29.6 billion loan with over 20 lenders, including ICBC and HSBC, marking a significant dollar-denominated deal in Asia this year.

Analysis

ByteDance has finalized a $29.6 billion loan with over 20 lenders, including ICBC and HSBC, marking a significant dollar-denominated deal in Asia this year.

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