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… 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…
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 ...