Report: Waymo Set to Secure Over $3 Billion in Debt Financing for the First Time, with Pimco, Blackstone, and Other Investors on Board
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Author:小编   

On September 2, sources revealed that Waymo, the autonomous driving subsidiary of Alphabet, is nearing the completion of its inaugural debt financing round. The company aims to raise in excess of $3 billion, with prominent institutions such as Pimco, Blackstone Group, and Sixth Street Partners slated to participate. The loan is anticipated to remain unrated, with its pricing possibly surpassing the benchmark interest rate by over 500 basis points. Notably, the specific terms of the financing are still subject to potential adjustments.