The Motet Announces Fall Tour With Mungion, Keller Williams, & More

first_imgColorado funk mainstays The Motet have announced a new batch of fall 2018 tour dates which will surround their previously announced four-night Halloween run.The tour will kick off on September 24th in Chico, CA before heading to the Midwest for shows in Detroit, MI; Grand Rapids, MI; Chicago, IL; and Covington, KY alongside Chicago-based jam quartet, Mungion. From there, the band heads south for an “evening with” performance in Asheville, NC and a show at Athens, GA’s Georgia Theatre with Keller Williams.After a two-week break, The Motet will return to the road with their four-night, four-city Halloween run, featuring an All Hallows Eve late-night show at Brooklyn Bowl Las Vegas after Phish‘s performance at the MGM Grand followed by shows in Los Angeles, CA, Solana Beach, CA, and Phoenix, AZ with Seattle-based seven-piece, The Dip, over the next three nights.The following weekend, The Motet will head to the east coast for a two-night run at Brooklyn, NY’s Brooklyn Bowl alongside Kat Wright on night one and Funky Dawgz Brass Band on night two. The weekend after that, they’ll return home to the Rockies for their “Hometown Hustle” featuring two nights at The Ogden Theatre supported by Escort and Cory Wong, respectively. Finally, the tour will wrap up with two more Mungion-assisted shows in Milwaukee, WI, and Minneapolis, MN.On July 27th and 28th, The Motet will mount their first-ever festival, Motet on the Mesa, at Taos Mesa Brewing Mothership in Taos, New Mexico. You can read drummer Dave Watts and vocalist Lyle Divinsky‘s thoughts on the upcoming event, their recent Red Rocks show, and more here.See below for a list of The Motet’s 2018 fall tour dates. For more information, or for a full list of upcoming shows, head to the band’s website.The Motet Fall 2018 Tour Dates*with Mungion^with The Dip9/24 – Chico, CA – Sierra Nevada Brewery10/3 – Detroit, MI – El Club *10/4 – Grand Rapids, MI – The Intersection *10/5 – Chicago, IL – Concord Music Hall *10/6 – Covington, KY – Madison Theater *10/12 – Asheville, NC – Salvage Station10/13 – Athens, GA – Georgia Theatre w/ Keller Williams10/31 – Las Vegas, NV – Brooklyn Bowl (Late Night)11/1 – Los Angeles, CA – Teragram Ballroom ^11/2 – Solana Beach, CA – Belly Up ^11/3 – Phoenix, AZ – Crescent Ballroom ^11/9 – Brooklyn, NY – Brooklyn Bowl w/ Kat Wright11/10 – Brooklyn, NY – Brooklyn Bowl w/ Funky Dawgz Brass Band11/16 – Denver, CO – The Ogden Theatre w/ Escort11/17 – Denver, CO – The Ogden Theatre w/ Cory Wong11/29 – Milwaukee, WI – Turner Hall *11/20 – Minneapolis, MN – First Avenue *View Fall Tour Dateslast_img read more

Airbnb raises $1 billion in debt from Oaktree, BlackRock

first_imgThe five-year loan priced at a spread of 7.5 percentage points over the benchmark London interbank offered rate and at a discount of 97.5 cents on the dollar, the people said. Terms tightened from a rate of 8 percentage points over Libor and a discount of 96 cents on the dollar, the person said. Investor demand for the deal exceeded $2.5 billion.The new debt is senior to the San Francisco-based company’s borrowings from Silver Lake and Sixth Street that it unveiled earlier this month, which is composed of second-lien debt and equity securities. The equity valued the company at $18 billion, a fraction of its $31 billion peak. The new deal doesn’t include warrants or other equity components, a person familiar with the deal said.The additional funds give Airbnb extra financial cushion as prospects dim for an initial public offering this year. It could help the company weather the economic crisis brought on by the coronavirus pandemic without going public, and could also allow the company to make acquisitions, a strategy it has been weighing, people with knowledge of the matter told Bloomberg last month.Topics : Airbnb raised $1 billion in debt, according to people with knowledge of the matter, as the travel company braces for an extended fallout from the coronavirus.The new, first-lien debt comes from a group of more than 20 investors, including Silver Lake, the largest participant, as well as BlackRock, Eaton Vance, Fidelity Investments and T. Rowe Price Group, according to people with knowledge of the matter. Other participants include Apollo Global Management, Benefit Street Partners, Blackstone Group, Glade Brook Capital Partners, Oaktree Capital and Owl Rock Capital, the people said.The deal builds on last week’s investment of the same size from Silver Lake and Sixth Street Partners, which is also participating in the new debt, said the people, who asked not to be identified because the deal isn’t public. Representatives for the companies involved either declined to comment or didn’t immediately respond to requests.last_img read more