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Report: Airbnb in talks for $1B loan

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Airbnb reportedly is in advanced talks to take out a $1 billion loan, people familiar with the matter told Reuters.

The company recently closed a $1 billion debt deal with private equity firms, according to the report.

Airbnb is among those in the hospitality industry to be hit hard by the coronavirus pandemic as travel slows to a halt.

Read more from Reuters.

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