Waymo closes $5 billion first debt financing

Waymo CFO Steve Fieler said on Oct. 8, 2026 that Waymo closed a $5 billion term loan, its first debt financing, with PIMCO, Blackstone, and Sixth Street as lead syndicated lenders and Goldman Sachs as sole lead bookrunner. The company said the loan supports expansion of fully autonomous ride-hailing in the United States and internationally after a $16 billion equity round earlier in 2026. This is the close of the financing Bloomberg had described on Oct. 6 as an unsigned upsize to $5 billion; Waymo did not disclose rate, tenor, or collateral.