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ICBC, HSBC Among Major Lenders on ByteDance’s $30 Billion Loan

Source: Bloomberg

Credit & Bond MarketsBanking & LiquidityTechnology & Innovation

ByteDance, the owner of TikTok, signed a $29.6 billion loan with more than two dozen lenders, including ICBC and HSBC. The financing is among Asia's largest dollar-denominated loan deals this year, underscoring strong bank appetite for credit exposure to the technology company.

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