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October 23, 2013 02:18 am GMT

Twitter Sets Up $1 Billion Credit Line, MoPub Had $6.5M In Revenue In First Half Of 2013

Twitter-IPOTwitter has just announced via an S-1 amendment that "the Company entered into a revolving credit agreement with certain lenders which provides for a $1.0 billion revolving unsecured credit facility maturing on October 22, 2018." The credit could help Twitter if it suddenly wanted to make an acquisition, expand, or pay for unforeseen costs.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/83v5OWgVAnw/

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