The Business Times
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Twitter gets junk rating from S&P on financial outlook

Published Fri, Nov 14, 2014 · 09:50 PM

    New York

    TWITTER Inc, which has been under pressure because of slowing user growth and management turnover, was given a speculative-grade credit by Standard & Poor's (S&P). The company and its US$1.8 billion of convertible notes were given a rating of BB-, three levels below investment-grade, according to a statement on Thursday from the credit-ranking company.

    S&P also said Twitter's financial risk was "significant".

    Twitter

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