Apartment-sharing startup Airbnb Inc has secured a US$1bil (RM4.08bil) debt facility from some big US banks to aid its new services and finance its expansion plans, a source close to the company said.
JPMorgan, Citigroup Inc, Morgan Stanley and Bank of America Corp led the debt deal, the source said.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!