ByteDance in talks with banks to borrow over $3 bln, sources say - NewsBreak
By Flemming in Business
Updated 3 years ago
Sept 8 (Reuters) - ByteDance, the Chinese owner of short-video platform TikTok, is in talks with Wall Street banks to borrow more than $3 billion to refinance its debt, according to two people with the knowledge of the matter. The company plans to take advantage of currently low interest rates...