Airbnb Selling $2.5 Billion of Bonds as Convertible Comes Due

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Airbnb:Airbnb Inc. is expected to sustain its conservative financial policy over the next few years.Airbnb Inc. is looking to raise $2.5 billion from a debut high-grade debt offering as a convertible note is about to mature.The home-rental firm is sellingBloomberg Terminal US dollar bonds with maturities of three, five and 10 years, according to a person with knowledge of the matter. Pricing on the longest tenor tightened by 0.33 percentage point to a 1.02 percentage point premium over Treasuries, the person added, asking not to be identified because discussions are private.