Simpson Thacher recently represented the underwriters, led by BofA Securities, Inc., Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC in connection with the registered public offering by Airbnb, Inc. (“Airbnb”) of $850 million aggregate principal amount of 4.400% Senior Notes due 2029, $850 million aggregate principal amount of 4.650% Senior Notes due 2031 and $800 million aggregate principal amount of 5.250% Senior Notes due 2036.
The net proceeds of the offering are intended to be used by Airbnb for general corporate purposes.
Airbnb operates a global marketplace connecting hosts who provide accommodations, services and experiences to guests in over 220 countries and regions.
The Simpson Thacher team included Daniel Webb, Jonathan Kachiu, Julia Gleason, Olivia Pepper and Jacob Greenberg (Capital Markets); Andrew Pagliughi (FINRA and Blue Sky); Tristan Brown and J. Pasco Struhs (ECEB); James Talbot, Sara Liu, Chandler Gerard-Reimer and Corina DeFeo (IP/Privacy); Jonathan Cantor and Roberto Arza (Tax).