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ByteDance is seeking a record $20 billion offshore loan to fund AI buildout

The TikTok developer approached banks for a loan that could carry a three-year tenor, with an option to extend to five years

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ByteDance is seeking a record $20 billion offshore loan to fund AI buildout

ByteDance is seeking a record $20 billion offshore loan to fund AI buildout

Published June 24, 2026 · Category: Markets

Overview

The TikTok developer approached banks for a loan that could carry a three-year tenor, with an option to extend to five years

Source

Originally published at qz.com.

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