Waymo was told that the initial debt financing was over $3 billion, with Pimco, Blackstone, etc

It was reported that Waymo, the self-pilot company under the Alphabet flag, had entered the final phase of its first debt financing, with more than $3 billion in planned financing, with the participation of Pimco, Blackstone Group and Sixth Street Partners. The loan is not expected to receive a rating and the pricing may be more than 500 basis points higher than the benchmark rate, with specific provisions still subject to adjustment。