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> DealBook: Facebook Borrows $3 Billion and Increases Line of Credit |  |
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DealBook: Facebook Borrows $3 Billion and Increases Line of Credit |
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NYTimes Tech News
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03/08/2012 at 15:52:46 |
In an updated prospectus, Facebook said it had doubled its credit facility to $5 billion. It has also secured a $3 billion bridge loan, to help pay for taxes associated with the vesting of employee stock.
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