Twitter Cash

  • 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- 4 readers -
Get the top posts daily into your mailbox!