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Twitter To Raise $1.3 Billion Through Debt Offerings

Ron Burgundy

By Ron Burgundy,
in Tech News

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Ron Burgundy Omniscient Member

Ron Burgundy

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A portrait of the Twitter logo in Ventura(Reuters) - Twitter Inc said it plans to raise $1.3 billion by issuing convertible senior notes, its first debt offering since its market debut in November. Twitter shares fell about 1.5 percent in extended trading on Wednesday. Twitter will also grant initial purchasers an option to buy up to $100 million in each of the offerings.




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