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Wall St Engine
@wallstengine
Fast, accurate, consistent stock market news, earnings highlights & more. By Brillinsight. Not financial advice.
Joined March 2022
985 Following    210K Followers
WAYMO TAPS DEBT MARKETS FOR FIRST TIME Waymo is in final talks with PIMCO, Blackstone and Sixth Street for more than $3B of unrated debt, which could price at 500+ bps over the benchmark, per Bloomberg. The financing comes after Waymo raised $16B in equity earlier this year at a $126B valuation. The $GOOGL unit now handles 500K+ paid rides per week across 14 U.S. cities and is targeting 1M weekly rides across 20 cities globally this year.
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