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Airbnb
Acquired
Is There a Biggest Loss in Liquidity?
In march, o night, i wondered, i didn't quite realize this till digging into the s. One in marchas people probably know, arbanb raised two billion dollars in capital from silverlake and sixth street partners. The debt piece was at an eleven and a half, therere two pieces, two tronches, at an 11 and a half per cent interustry and a nine per cent interust rit. A billion of equity and a billion an debt. I think ish a and i should have wondered at the time, like wywott, these are pretty onerous terms,. You know, massive haircut ind valuation, nicely, a fifty per cent
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