Social Media Newsfeed: Twitter $1B Credit Line | Apple Announcements
Twitter receives a $1 billion credit line ahead of its IPO. Apple announces new products and updates. These stories and more in today's Morning Social Media Newsfeed.
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Twitter Obtains $1 Billion Credit Line on Road for IPO (Reuters)
Twitter has obtained a $1 billion credit line ahead of its initial public offering, the company disclosed Tuesday in an amended investor prospectus. Goldman Sachs, Morgan Stanley, JP Morgan, Bank of America Merrill Lynch and Deutsche Bank were involved in arranging the credit deal, Thomson Reuters LPC reported earlier this month.
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