Waymo Closes $5 Billion in Debt Financing

T1Covered by 1 source · first reported by The Information (teasers) at 08 Oct, 20:37 UTC

Alphabet’s Waymo on Thursday announced that it closed a $5 billion term loan in the self-driving rideshare company’s inaugural debt financing round. Neither Alphabet nor other equity partners provided a corporate guarantee on the loan, which closed at an upsized amount after the process ...