Twitter Enters Into $1 Billion Revolving Credit Agreement
engine
11:40 pm on Oct 22, 2013 (gmt 0)
Nice deal!
Twitter has just announced via an S-1 amendment that “the Company entered into a revolving credit agreement with certain lenders which provides for a $1.0 billion revolving unsecured credit facility maturing on October 22, 2018.” Twitter also listed out financials for its acquisition MoPub, including that it brought in $6.51 million in revenue in the six months ending June 30th 2013.Twitter Enters Into $1 Billion Revolving Credit Agreement [techcrunch.com]