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Twitter Enters Into $1 Billion Revolving Credit Agreement

     

engine

11:40 pm on Oct 22, 2013 (gmt 0)

WebmasterWorld Administrator engine is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month



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]