REUTERS: Airbnb said on Monday investment firms Silver Lake and Sixth Street Partners will invest US$1 billion in the US home rental company in a combination of debt and equity.
Reuters reported in March that Airbnb held a phone meeting with bankers to discuss extending an existing US$1 billion debt facility amid a slowdown in demand due to the novel coronavirus, citing a source who had participated in the meeting.Airbnb lowered its internal valuation by 16 per cent to US$26 billion, a source familiar with the matter told Reuters on Thursday.
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