ByteDance in talks with banks to borrow over $3 bln -sources - NewsBreak

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By Vivian 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...

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