Airbnb’s latest $1B raise may dash IPO plans

Airbnb raised $1 billion in debt, on the heels of another massive haul last week. The short-term rental company is issuing first-lien debt, which is collateralized by the company’s assets should it default, according to Bloomberg. Silver Lake — which led last week’s $1 billion raise — and BlackRock, Eaton Vance Corp., Fidelity Investments, T. Rowe Price Group, Apollo Global Management and Blackstone Group are among those participating in the round. The company confirmed the

source https://therealdeal.com/2020/04/16/airbnbs-latest-1b-raise-may-dash-ipo-plans/