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Waymo Closes $5 Billion Debt Financing to Accelerate Business Expansion

Low angle view of modern office building with glass facade and ambient lighting at dusk.
Illustrative photo.Photo by Mathias Reding on Pexels

What happened

Waymo Closes $5 Billion Debt Financing to Accelerate Business Expansion, Waymo Blog announced. PIMCO, Blackstone, and Sixth Street participated as lead syndicated lenders, with Capital Group, Loomis Sayles, T. Additional lenders included Apollo, Blue Owl, Diameter Capital Partners, Franklin Templeton, Fidelity Management & Research Company, HPS Investment Partners, and Oaktree. Waymo is a taxi service company based in Mountain View.

Goldman Sachs served as the sole lead bookrunner. Note: Participation by institutional lenders may represent or include investment funds, client accounts, and/or investment vehicles managed or advised by the respective institutions or their affiliated entities.

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