« Earnings: Napster Reports Wider Loss, But Beats Revenue Expectations | Main | Mobile Downloads To Overtake The Net »

August 03, 2005

Napster files for $200 mln debt, stock shelf

Reuters: Napster has filed with U.S. regulators on Wednesday to periodically sell up to $200 million in debt securities, common and preferred stock, depositary shares.
It would use the proceeds from the offering for general corporate purposes, working capital and capital expenditures.

Posted by Rafat Ali in Napster | Permalink

TrackBack

TrackBack URL for this entry:
https://www.typepad.com/services/trackback/6a00d8341c784753ef00d834240c7353ef

Listed below are links to weblogs that reference Napster files for $200 mln debt, stock shelf:

» Napster Raising More $ from Rags' Soapbox
As reported by Rafat, and as I predicted in May. (To keep myself humble, I bought a little Webvan stock in 1999. 'Nuff said.) Acquiring subs without pre-existing distribution is expensive. [Read More]

Tracked on Aug 3, 2005 6:30:42 PM

» Napster Raising More $ from KYLEBUN
[Read More]

Tracked on Nov 14, 2005 6:46:33 PM

Comments

The comments to this entry are closed.