Airbnb garners new $1b loan on top of $1b bond deal

Airbnb garners new $1b loan on top of $1b bond deal

REUTERS/Charles Platiau

Airbnb, whose home rental business is suffering as the coronavirus pandemic freezes global travel, has secured a new $1 billion loan just days after closing a $1 billion debt deal, the company said on Tuesday.

Parties to the new loan deal included private equity firms Silver Lake, Apollo Global Management, Sixth Street Partners, Oaktree Capital Management and Owl Rock, several sources with knowledge of the discussions told Reuters.

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