Airbnb holds meeting with bankers to extend $1 billion debt facility: source
Airbnb holds meeting with bankers to extend $1 billion debt facility: source.....»»
Airbnb is raising $1 billion in debt, its second fundraising round in just two weeks, as the company tries to navigate a tough economic landscape
Mike Segar/Reuters Airbnb is set to raise $1 billion in debt financing, a source familiar with the matter told Business Insider. The.....»»
Airbnb Asks Banks To Extend $1B Credit Facility Due To Coronavirus Impact: Report
Airbnb Inc. has asked banks to extend the deadline of a $1 billion credit facility it was granted in 2016, according to a Reuters report Wednesday. read more.....»»
Bond Report: U.S. Treasury yields rise before $62 billion debt auction
U.S. Treasury yields edge higher early Tuesday as investors eye a debt auction and a midweek Federal Reserve meeting......»»
Hertz hires advisers to roll debt: report
Hertz Global Holdings Inc. has hired lawyers and investment bankers as advisers as it tries to renegotiate its $17 billion of debt, according to a report Friday on The Wall Street Journal that cited people familiar with the matter. Her.....»»
Delta to raise $3 billion in debt to combat virus fallout
Delta Air Lines Inc on Wednesday said it intended to raise $3 billion in debt by offering senior secured notes and entering into a new credit facility, in a bid to combat the slowdown in air travel demand induced by the coronavirus crisis......»»
Macy"s weighs raising as much as $5B in debt to weather crisis
All of Macy's stores have been closed since March 18th. The retailer has suspended its dividend, stopped capital spend, fully drawn down its $1.5 billion revolving credit facility and furloughed the majority of its employees......»»
Airbnb secures new $1 billion loan on top of $1 billion bond deal
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......»»
Airbnb in advanced talks about new $1 billion loan: sources
Airbnb is in advanced talks for a new $1 billion loan just days after the U.S. home rental company closed a $1 billion debt deal with private equity firms, people familiar with the matter said on Tuesday......»»
Caterpillar seeks fresh $3 billion loan to boost liquidity: source
Caterpillar Inc is in talks with banks for a fresh $3 billion nine-month revolving credit facility, a person familiar with the matter said on Thursday......»»
Airbnb in talks to raise more debt amid global crisis
Airbnb Inc. is in talks with investors to take on as much as $1 billion in additional debt after announcing a $1 billion debt and equity deal Monday, according to people familiar with the... To view the full story, click the title link......»»
Airbnb is reportedly paying a steep 10% interest on the debt it just raised in its $1 billion funding and its valuation is nearly half what it was in 2017
Stephen Lam/Reuters Airbnb will pay more than 10% in interest on the additional funding it just secured from Silver Lake and Sixth Street Partners, The Wall Street Journal reported Tuesday. The investors were also offered warrants that can conver.....»»
Airbnb secures $1 billion investment from Silver Lake, Sixth Street
Airbnb said on Monday private-equity firms Silver Lake and Sixth Street Partners would invest $1 billion in the U.S. home rental company through a combination of debt and equity......»»
Airbnb raises $1 billion from investors as the company takes a big hit from the coronavirus crisis
Mike Segar/Reuters Airbnb has raised $1 billion in debt and equity from Silver Lake and Sixth Street Partners, the company announced Monday. Airbnb .....»»
Airbnb receives $1 billion investment from Silver Lake, Sixth Street Partners
Airbnb Inc. on Monday said private equity firm Silver Lake and Sixth Street Partners will invest $1 billion in Airbnb through a combination of debt and equity securities. The cash infusion will "support Airbnb's ongoing work" .....»»
GM reduces loan refinancing target, may pay up for new debt
NEW YORK (LPC) - General Motors Co (GM) will seek to extend maturities on US$6bn in revolving loans rather than refinance a US$16.5bn credit facility following discussions with its bank group during an unprecedented health crisis in the US......»»
Airbnb lowers internal valuation to $26 billion as coronavirus hits bookings: source
Airbnb lowered its internal valuation by 16% to $26 billion, as the U.S. home rental firm grapples with a slowdown in bookings due to the global spread of the coronavirus pandemic, a source familiar with the matter told Reuters on Thursday......»»
Kohl"s furloughs workers amid extended store closures, draws down full $1 billion revolving credit facility
Kohl's Corp. said Monday that it will extend store closures until further notice and, as a result, will furlough many store associates, distribution center workers and corporate staff whose duties are tied to store operations. Kohl's still .....»»
Kohl"s extends store closure, draws down $1 billion credit facility amid coronavirus outbreak
Kohl's Corp said on Monday it would extend the duration of store closure, and fully draw down on its $1 billion revolving credit facility to control damages from the coronavirus pandemic......»»
Quarantined bankers, video roadshows: coronavirus hits Argentine debt talks
Argentina's ambitious target to strike a deal with bondholders to revamp almost $70 billion in debts by the end of March was never going to be easy. Now a coronavirus outbreak and crashing bond markets threaten to complicate things further......»»
Wall Street leveraged debt desks set to dial up risk in new year
Bankers in the $2.5 trillion leveraged credit market are ready to get back to risk taking. After a volatile year that saw over $2 billion of loans pile onto their balance sheets as investors sought... To view the full story, click the title link......»»