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March 30, 2016 09:26 am -04
Original Link: http://www.engadget.com/2016/03/30/spotify-convertible-bond-debt/
Spotify bets on debt to fund expansion
Spotify has raised $1 billion in a deal onlookers have called "strict" and "devilish." Rather than another equity-based funding round, the money was raised through convertible bonds (i.e. debt), with some restrictive terms mostly tied to Spotify goin...Original Link: http://www.engadget.com/2016/03/30/spotify-convertible-bond-debt/
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Engadget
Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WIMore About this Source Visit Engadget