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Twitter to raise $1.3 billion through debt offerings

11
Sep
2014

(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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