Daily News: October 15, 2013

Goldman, Others Lead Twitter $1B IPO Revolver

Reuters reported that Twitter is finalizing a $1 billion revolving credit facility ahead of its expected initial public offering, sources told Thomson Reuters.

Reuters said further that Goldman Sachs, Morgan Stanley, JPMorgan, Bank of America Merrill Lynch and Deutsche Bank are leading the deal that backs the most highly anticipated go public transaction in the technology space since Facebook.

To read the entire Reuters story, click here.

Previously on abfjournal: New York Post: JPMorgan, Morgan Stanley Win Twitter Business, September 23, 2013