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ByteDance Draws Over $30 Billion in Orders for Jumbo Bank Loan

Summary by Bloomberg
ByteDance Ltd., the developer of TikTok, has attracted more than $30 billion of orders for its jumbo syndicated loan, people familiar with the matter said, indicating strong interest from lenders as the Chinese technology giant ramps up investments in artificial intelligence.

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Bloomberg broke the news in New York, United States on Tuesday, August 18, 2026.
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