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January 27, 2016 06:38 pm GMT

Spotify Raising Another $500M In Convertible Notes With Discounts On IPO Shares: Report

Screen Shot 2014-05-21 at 11.19.55 AMA week after streaming music company Deezer announced that it had raised another $109 million from existing investors, news has leaked out that its bigger rivalSpotifyis raising again, too. The Stockholm-based company whose music streaming service works in58 countries is seeking to pick up an extra $500 million from investors in the form of convertible notes, according to a report in… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/9snvsla-0S8/

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