Market Chatter: ByteDance Secures $29.6 Billion Loan from 28 Banks

05:27 AM EDT, 09/14/2026 (MT Newswires) -- TikTok-owner ByteDance secured a $29.6 billion loan from 28 lenders including UK-based HSBC (HSBA.L), Bloomberg reported Monday, citing a person familiar with the matter. The Chinese technology group will use the three-year financing, which could be extended to up to five years, for general corporate purposes, according to the report. Chinese lenders will provide 64% of the upsized loan, which follows a $10.8 billion loan deal ByteDance signed in 2024, while HSBC and two other undisclosed foreign banks committed $1.5 billion each. HSBC and ByteDance did not immediately respond to requests for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)