Business
WAYMO SECURES $5 BILLION LOAN TO ACCELERATE SELF-DRIVING TAXI EXPANSION
Waymo has completed a $5 billion term loan, its first debt-financing transaction, to support further expansion of its autonomous ride-hailing business in the United States and internationally. PIMCO, Blackstone and Sixth Street led the syndicated lender group, while Goldman Sachs served as sole lead bookrunner. The financing follows Waymo’s $16 billion equity round in February, which valued the Alphabet-controlled company at $126 billion, taking its major announced 2026 fundraising to about $21 billion. Waymo currently serves riders in 15 U.S. markets and is preparing international operations including Tokyo, London and Singapore.
BigV•3h ago•1 min read