Airbnb Inc. has signed a $1 billion debt facility deal with a group of large U.S. banks, Bloomberg reported Thursday, citing people familiar with the matter. The financing will go toward adding new services to Airbnb’s core home-rental business, such as travel services, and on global expansion, the report said. J.P. Morgan Chase & Co. , Bank of America Corp. and Citigroup Inc. [s:c] were the main banks extending the debt facility to Airbnb, and Morgan Stanley [s:ms] also took part.
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