Twitter Is Raising $600 Million in Debt

Yesterday, Twitter (NYSE: TWTR) announced that it was raising $600 million in senior unsecured notes that will mature in 2027. The offering won't be available to public investors, with the notes being issued in a private placement to qualified institutional investors. Certain details around pricing and interest rates have not been determined yet.

Here's what investors need to know about the notes.

Image source: Twitter.

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Source Fool.com