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Waymo Closes $5 Billion Debt Financing to Accelerate Business Expansion - Waymo

·Oct 8, 2026

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Today, Waymo closed a $5 billion term loan, marking our first debt financing and an important step in our evolution into a scaling commercial enterprise. PIMCO, Blackstone, and Sixth Street participated as lead syndicated lenders, with Capital Group, Loomis Sayles, T. Rowe Price as significant lenders. Additional lenders included Apollo, Blue Owl, Diameter Capital Partners, Franklin Templeton, Fidelity Management & Research Company, HPS Investment Partners, and Oaktree. Goldman Sachs served as the sole lead bookrunner. Earlier this year, we closed a $16 billion equity investment to accelerate the expansion of the Waymo Driver. Last month, we launched service in our fifteenth U. S. city and announced new international cities as our commercial operations continue to grow at a record pace. Our strong momentum has enabled us to complement our equity financing with debt, providing additional financial flexibility to strengthen our balance sheet and position us to capitalize on the significant opportunities ahead. Safely Scaling GloballyThis capital will accelerate the continued expansion of our fully autonomous ride-hailing service across the United States and internationally.

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