ByteDance is reportedly preparing to receive a $29.6 billion syndicated loan, after banks showed enough demand for the company to expand the planned

Sept 3 : Bytedance has secured a $29.6 billion loan, Bloomberg News reported on Thursday, citing people familiar with the matter. The Chinese tech giant was originally seeking a…

ByteDance has secured a $29.6bn dollar loan after banks put in more than $30bn of orders, upsizing a facility that began at $20bn.