Twitter Notes

  • 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 Raises $1.8 Billion After Strong Demand for Notes

    … 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. …

    Shea Bennett/ AllTwitterin Social Twitter- 1 readers -
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