syndicated loans

ByteDance founder Zhang Yiming becomes Asia’s richest person

ByteDance has signed a $29.6 billion syndicated loan with 28 banks, securing Asia's second-largest dollar-denominated borrowing of 2026 as the TikTok parent company accelerates its push into artificial intelligence infrastructure outside China.

ByteDance’s $20B loan draws over $30B in orders

ByteDance, the Beijing-based developer of TikTok, has attracted more than $30 billion in orders from lenders for its $20 billion syndicated loan, according to Bloomberg, a clear sign of strong appetite among global banks to finance the Chinese tech giant's…

SoftBank’s $40B OpenAI loan draws 21 new lenders

SoftBank Group's $40 billion bridge loan backing its investment in OpenAI has attracted 21 additional financial institutions in a broader syndication phase, according to Bloomberg, as global lenders line up behind what has become one of the largest AI-linked debt…