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Article says that it's for potential acquisitions. I'm not a banker, but I assume they don't make loans for those kinds of operations. Also, they charge interes
by pauldix 8y ago
Article says that it's for potential acquisitions. I'm not a banker, but I assume they don't make loans for those kinds of operations. Also, they charge interest. Ultimately, it's a question of what the most effective (cheapest) way to add capital to the balance sheet is. They almost certainly could have raised venture debt (they probably already have an agreement in place), but this was probably deemed a more cost effective way to add capital.
- bradleyjg 8y ago> I'm not a banker, but I assume they don't make loans for those kinds of operations. Generally not banks per se, but bondholders definitely do. That’s PE’s entire business model.
- indigodaddy 8y agoMaybe they can buy Atlassian now.
- daniel_iversen 8y agoExcept Atlassians market cap is $20 billion :-)