Twitter Debt

  • Twitter Given ‘Junk’ Rating by S&P

    … Back in September Twitter raised $1.8 billion in a convertible note offering that exceeded expectations after higher than anticipated demand. Impressive stuff. However, that debt has now been scored as “junk” status by U.S. ratings agency Standard & Poor’s, who valued Twitter as below investment grade. (more…) New Career Opportunities Daily: The best jobs in media. …

    Shea Bennett/ AllTwitterin Social- 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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