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Airbnb holds meeting with bankers to extend $1 billion debt facility: source

Airbnb holds meeting with bankers to extend $1 billion debt facility: source.....»»

Category: topSource: reutersMar 25th, 2020

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.....»»

Category: blogSource: benzingaMar 26th, 2020

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 .....»»

Category: topSource: businessinsider47 min. ago

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" .....»»

Category: topSource: marketwatch1 hr. 2 min. ago

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......»»

Category: topSource: reutersApr 3rd, 2020

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......»»

Category: topSource: reutersApr 2nd, 2020

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 .....»»

Category: topSource: marketwatchMar 30th, 2020

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......»»

Category: topSource: reutersMar 30th, 2020

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......»»

Category: topSource: reutersMar 16th, 2020

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 loansĀ pileĀ onto their balance sheets as investors sought... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkDec 24th, 2019

Facing deadline, Pacific Ethanol CEO says lender will extend debt

Pacific Ethanol Inc. CEO Neil Koehler said he is negotiating another extension of an overdue credit facility that was set to expire at the end of this week. The Sacramento-based renewable fuel company was facing a Nov. 15 deadline to bring its debt i.....»»

Category: topSource: bizjournalsNov 11th, 2019

Airbnb"s cash numbers could show that it"s not another WeWork in the making

Following a report on Thursday showing that Airbnb's losses doubled from a year earlier, a source familiar told CNBC that it has $3 billion on its balance sheet......»»

Category: realestateSource: cnbcOct 17th, 2019

Market Extra: WeWork bonds sink as bankers circulate rescue financing proposals

Debt investors are taking a more pessimistic view of WeWork after bankers circulated a potential $5 billion rescue financing package for the embattled office-share venture to help it stave off a cash-flow crisis.....»»

Category: topSource: marketwatchOct 15th, 2019

Bond Flood Continues As Companies, Including Apple, Sell $56 Billion In Debt In Two Days

Yesterday, we first reported that as I-bankers and corporate treasure.....»»

Category: blogSource: zerohedgeSep 5th, 2019

Argentine bond prices fall, country risk soars on debt "reprofiling" plan

Argentine bond prices fell on Thursday and country risk soared to levels not seen since 2005 after the government announced plans to extend maturities on about $100 billion in debt, raising fear of a full-blown financial crisis......»»

Category: topSource: reutersAug 29th, 2019

WeWork to raise up to $4 billion in debt before IPO

Shared office space manager WeWork looks to raise up to $4 billion in debt before it goes public, a source said. As Fred Katayama reports, the move is aimed at fueling investor confidence in the startup......»»

Category: topSource: moneycentralJul 8th, 2019

WeWork to raise up to $4 bln in debt before IPO

Shared office space manager WeWork looks to raise up to $4 billion in debt before it goes public, a source said. As Fred Katayama reports, the move is aimed at fueling investor confidence in the startup......»»

Category: videoSource: reutersJul 8th, 2019

WeWork looking to raise up to $4 billion in debt ahead of IPO: source

Shared office space manager WeWork Cos is looking to raise $3 billion to $4 billion in debt before it goes public, a person familiar with the matter said on Sunday, a move aimed to fuel investor confidence in the company......»»

Category: topSource: reutersJul 7th, 2019

WeWork looking to raise $3 billion-$4 billion in debt ahead of IPO: source

Shared office space manager WeWork Cos is looking to raise $3 billion to $4 billion in debt before it goes public, a source familiar with the matter said on Sunday, a move aimed to fuel investor confidence in the company......»»

Category: topSource: reutersJul 7th, 2019

WTI Holds Best Gains In 5 Months After API Reports Modest Crude Draw

Oil spiked almost $3 intraday (biggest jump in 5 months), surging higher after trading with a $51 handle all the way up to above $54 after OPEC and its allies moved closer to agreeing on a meeting date to extend supply cuts and Mario Draghi raised .....»»

Category: blogSource: zerohedgeJun 18th, 2019

US-China Trade War Could Cost Global GDP $455 Billion

IMF chief Christine Lagarde has a message to G-20 finance ministers and central bankers ahead of this weekend's meeting in Japan: embrace trade, innovation and openness......»»

Category: blogSource: 247wallstJun 5th, 2019