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On September 2, it was reported that Waymo, an autonomous driving company owned by Alphabet, has entered the final stage of initial debt financing, with plans to raise more than 3 billion US dollars, with the participation of organizations such as Pimco, Blackstone Group, and Sixth Street Partners. The loan is not expected to receive a rating, the pricing may be more than 500 basis points higher than the benchmark interest rate, and the specific terms may still be adjusted.
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On September 2, it was reported that Waymo, an autonomous driving company owned by Alphabet, has entered the final stage of initial debt financing, with plans to raise more than 3 billion US dollars, with the participation of organizations such as Pimco, Blackstone Group, and Sixth Street Partners. The loan is not expected to receive a rating, the pricing may be more than 500 basis points higher than the benchmark interest rate, and the specific terms may still be adjusted.
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