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… million has been raised in seven-year notes due 2021 with a 1 percent annual interest rate. Interest is paid semi-annually in March and September, in arrears. Alongside Twitter’s existing $1 billion revolving credit line, the new capital gives Twitter plenty of room for acquisitions and expansion – I wouldn’t be at all surprised if they pick up one or two interesting third parties later this year. …
Twitter is looking to raise up to $1.5 billion in cash through debt markets for the first time, reports Bloomberg. In a regulatory filing submitted yesterday, Twitter has revealed that it will sell $650 of convertible U.S. bonds in two tranches – one maturing in five years, and a second that will mature in seven years. The offering could increase to $1.5 billion ov ...