Airbnb holds meeting with bankers to extend $1b debt facility

Airbnb holds meeting with bankers to extend $1b debt facility

The logos of Airbnb Inc. sit on banners displayed outside a media event in Johannesburg, South Africa, on Monday, July 27, 2015. Photographer: Waldo Swiegers/Bloomberg

Airbnb Inc on Wednesday held a phone meeting with bankers to discuss extending an existing $1 billion debt facility as the home rental start-up grapples with a slowdown from the coronavirus outbreak, according to a source who participated in the meeting.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter