From next summer, daily flights between Dubrovnik and Philadelphia will be introduced

first_imgThanks to negotiations between Dubrovnik Airport and American Airlines, Croatia is once again directly connected to the United States through Dubrovnik Airport after 28 long years. And three times a week, until September 29, 2019. American Airlines Boeing 767-300 Last year, 20% more Americans visited Croatia than the year before, and the space for growth is large. And certainly one of the facts we must use is how the Republic of Dubrovnik was the first to recognize the United States. And we know how patriotic Americans are and connected to their flag and anthem. Philadelphia is the largest U.S. hub in the northeastern United States with over 420 daily flights to more than 120 destinations across the United States, Canada, Mexico and the Caribbean. Now it is as it says Dubrovnik Herald, American Airlines announced that it will introduce daily return flights between Philadelphia and Dubrovnik from June 1 next year. last_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

Home invasion suspect drives himself to jail in stolen jeep

first_imgA Port St. Lucie man who is accused of attacking and robbing an 80-year-old man in a home invasion drove himself to jail in the victim’s stolen jeep.On Wednesday, police released surveillance photographs of the suspect on social media.Police arrested 40-year-0ld James Simpson on Thursday when he decided to drive himself to the jail in the vehicle he told after seeing himself on the news and social media.Simpson attacked the elderly man in his home and stole his credit cards, and the victim’s Jeep Wrangler.Port St. Lucie police Sgt. Lisa Marie Carrasquillo said a neighbor found the victim lying on the floor of his home Tuesday and called 911.Simpson is facing multiple charges, including attempted murder, aggravated battery on a person 65 or older and home-invasion robbery Port St. Lucie Police DepartmentPolice say James Simpson drove himself to jail in this Jeep Wrangler that was stolen during a home invasion in Port St. Lucie.last_img read more