TechQuiet 72d · day 73
Waymo raises $3 billion in first-ever debt deal with Pimco, Blackstone
The self-driving car company closes its inaugural debt financing to fund robotaxi expansion.
What to know
- Waymo completed its first-ever debt financing, raising $3 billion from major investors Pimco and Blackstone.
- The deal represents a significant milestone as the company aims to establish itself as the global leader in robotaxi services.
- This is Waymo's inaugural entry into the debt markets, a step toward scaling its autonomous vehicle operations.
Waymo autonomous vehicle companyPimco debt investorBlackstone debt investor
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