{"id":68186,"date":"2014-09-11T07:50:10","date_gmt":"2014-09-11T05:50:10","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=68186"},"modified":"2014-09-11T07:50:10","modified_gmt":"2014-09-11T05:50:10","slug":"twitter-wants-to-raise-1-3-billion","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/internet\/68186\/twitter-wants-to-raise-1-3-billion\/","title":{"rendered":"Twitter wants to raise $1.3 billion"},"content":{"rendered":"<p>Twitter Inc said it plans to raise $1.3 billion by issuing convertible senior notes, its first debt offering since its market debut in November.<\/p>\n<p>Twitter shares fell about 1.5 percent in extended trading on Wednesday.<\/p>\n<p>The company plans two offerings worth 650 million each in convertible senior notes due to mature in 2019 and 2021, the microblogging website said in a filing.<\/p>\n<p>Twitter will also grant initial purchasers an option to buy up to $100 million in each of the offerings.<\/p>\n<p>The San Francisco-based company said it would use part of the net proceeds for general corporate purposes.<\/p>\n<h3 class=\"my-4\">More on Twitter<\/h3>\n<p><strong><a title=\"Permalink to Twitter vows to diversify workforce\" href=\"http:\/\/businesstech.co.za\/news\/internet\/63767\/twitter-vows-to-diversify-workforce\/\" rel=\"bookmark\">Twitter vows to diversify workforce<\/a><\/strong><\/p>\n<p><strong><a title=\"Permalink to Twitter really wants to convince people it\u2019s growing\" href=\"http:\/\/businesstech.co.za\/news\/internet\/63241\/twitter-really-wants-to-convince-people-its-growing\/\" rel=\"bookmark\">Twitter really wants to convince people it\u2019s growing<\/a><\/strong><\/p>\n<p><strong><a title=\"Permalink to Twitter execs bail as growth stutters\" href=\"http:\/\/businesstech.co.za\/news\/internet\/60431\/twitter-execs-bail-as-growth-stutters\/\" rel=\"bookmark\">Twitter execs bail as growth stutters<\/a><\/strong><\/p>\n<p><strong><a title=\"Permalink to Twitter to shake up management: report\" href=\"http:\/\/businesstech.co.za\/news\/internet\/60269\/twitter-to-shake-up-management-report\/\" rel=\"bookmark\">Twitter to shake up management: report<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Twitter Inc said it plans to raise $1.3 billion by issuing convertible senior notes, its first debt offering since its market debut in November.<\/p>\n","protected":false},"author":7,"featured_media":48243,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9882],"tags":[25,93],"class_list":["post-68186","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-internet","tag-active","tag-twitter"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/68186","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=68186"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/68186\/revisions"}],"predecessor-version":[{"id":68194,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/68186\/revisions\/68194"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/48243"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=68186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=68186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=68186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}