Twitter Capital

  • Twitter Raises $1.8 Billion After Strong Demand for Notes

    … Twitter has raised $1.8 billion in the convertible notes offering it announced last week, slightly more than the $1.5 billion we reported on Friday, after higher than anticipated demand. In the official filing, Twitter states that $900 million has been raised in five-year notes due 2019 at an interest rate of 0.25 percent per year, and $900…

    Shea Bennett/ AllTwitterin Social Twitter- 3 readers -
  • Twitter Eyes $1.5 Billion Debt Offering

    … increase to $1.5 billion overall if the banks involved exercise an overallotment option which allows underwriters to issue more bonds than originally planned – in this case, two additional $100m pieces. The company is expected to invest the capital in acquisitions and expansion. Twitter has an existing $1 billion of revolving credit which it implemented ahead of its IPO last year. (Source: Bloomberg. Twitter image via Shutterstock.) …

    Shea Bennett/ AllTwitterin Social Twitter- 6 readers -
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