Airbnb secures €913m loan days after debt deal amid Covid-19 fallout

Home rental firm Airbnb said it secured a new $1bn (€913m) loan just days after closing a $1bn debt deal, to help it get through the Covid-19 crisis.
Airbnb secures €913m loan days after debt deal amid Covid-19 fallout
Wed, 15 Apr, 2020 - 17:53
Eamon Quinn

Home rental firm Airbnb said it secured a new $1bn (€913m) loan just days after closing a $1bn debt deal, to help it get through the Covid-19 crisis.

The lenders include private equity firms Silver Lake, Apollo Global Management, Sixth Street Partners, Oaktree Capital Management and Owl Rock, sources told Reuters.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

Benefit image

Introductory offer. Annual billed once for first year. Monthly (discount first 3 months) billed monthly, then €12/month. Ts&Cs apply.

CONNECT WITH US TODAY

Whatsapp logo

WHATSAPP

Newsletter logo

NEWSLETTERS

Notification logo

NOTIFICATIONS

Be the first to know the latest news and updates

More in this section

EY forecasts GDP growth of 9% in 2025 and 3.3% next year EY forecasts GDP growth of 9% in 2025 and 3.3% next year
Electric car stock Electric car sales surge by 70% in Ireland, but Tesla's decline continues
empty J1 USA visa for man US visa crackdown is an assault on students' rights
CoronavirusAirBnBCovid-19
<p>Jaguar Land Rover stopped production across its British factories for five weeks from September 1 after being targeted by hackers. Picture: Jaguar Land Rover/PA Wire</p>

Jaguar Land Rover cyber attack cost UK €2.2bn

READ NOW

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Latest

Business

Push Notifications

By clicking on sign up you will be the first to know about a selection of business content on this browser. Please note if you are unable to sign up via your mobile web browser, download and sign up for mobile push notifications via our FREE news app.

Sign Up
IE logo
Devices


UNLIMITED ACCESS TO THE IRISH EXAMINER FOR TEAMS AND ORGANISATIONS
FIND OUT MORE

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Fergus Finlay
Fergus Finlay

Analysis

Lunchtime News

Newsletter

Keep up with stories of the day with our lunchtime news wrap and important breaking news alerts.

Most Read

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited