Spotify $1.3bn debt funding is ‘for general corporate purposes’
Posted on: 25 février 2021, by : Stuart Dredge

Spotify’s management team talked about a lot of things in the company’s ‘Stream On’ event earlier this week, but one announcement was saved for later. Yesterday the streaming services announced plans for an ‘exchangeable senior notes offering‘ from its US subsidiary to raise $1.3bn. It’s debt funding, essentially. “The notes will be senior, unsecured obligations […]
The post Spotify $1.3bn debt funding is ‘for general corporate purposes’ appeared first on Music Ally.
Source: Music ally

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