Airbnb, the $25.5 billion short-term rental colossus, just raised $1 billion in debt to fuel an expansion. JPMorgan Chase, Citigroup, Bank of America, Morgan Stanley and other banks all participated in the deal. Similar large debt deals have in the past been preludes to initial public offerings, as with Facebook, which borrowed about $8 billion from a group of banks in 2012, some of which participated in its subsequent IPO. The money loan to Airbnb … [more]