Twitter to raise up to $1.5B in debt offering

Twitter wants more cash. The company announced two $650 million debt offerings in a filing today, each with a potential $100 million increase provided that the sales are oversubscribed.

Assuming full tip, including the $100 million boosters, Twitter will raise up to $1.5 billion with the two offerings, according to TechCrunch.

Half of the debt will be due in 2019, with the other half becoming due in 2021.

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