Airbnb ups its debt by $1BN amid the coronavirus travel crunch – TechCrunch

[ad_1] Airbnb has secured commitments of $1 billion for a syndicated time period mortgage from institutional buyers, it said. The emergency money injection comes as the coronavirus travel freeze continues to hammer trip leases, with holidaymakers locked down at residence and world travel banned or closely discouraged for public well being causes. Neither the names…