Waymo is in the final stages of talks to raise debt for the first time, with lenders including Pacific Investment Management Co. (Pimco) and Blackstone, according to reports. The proposed financing is for more than $3 billion.
The deal is described as Waymo’s first major debt offering as it works to scale its robotaxi operations. Bloomberg frames the effort around Waymo’s goal of becoming the leading robotaxi company globally. Other coverage notes the same reported lender lineup and the approximate size of the borrowing, while focusing on the reported structure and participation of major financial firms rather than broader company strategy.
