Sources: ByteDance has secured a $29.6B loan in Asia's second-largest USD-denominated borrowing this year, behind SoftBank's $40B bridge loan signed in March (Bloomberg)

Bloomberg: Sources: ByteDance has secured a $29.6B loan in Asia's second-largest USD-denominated borrowing this year, behind SoftBank's $40B bridge loan signed in March — ByteDance Ltd., the developer of TikTok, has secured a $29.6 billion loan, according to people familiar with the matter …