Spotify Raises $1 Billion In Debt Financing
According to the Wall Street Journal, Spotify has just raised $1 billion in convertible debt financing. The funding round was led by private equity firm TPG, hedge fund Dragoneer Investment Group and Goldman Sachs. TPG and Dragoneer will reportedly buy $750 million of the debt, and Goldman Sachs will purchase the remaining $250 million. Most … Continue reading Spotify Raises $1 Billion In Debt Financing
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