|Bid||361.12 x 3100|
|Ask||370.35 x 800|
|Day's Range||361.11 - 393.05|
|52 Week Range||68.06 - 457.30|
|Beta (5Y Monthly)||1.50|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 04, 2021 - May 10, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||512.83|
Rating Action: Moody's assigns Ba3 CFR to Twilio Inc. and rates new notes at Ba3; outlook stableGlobal Credit Research - 03 Mar 2021New York, March 03, 2021 -- Moody's Investors Service, ("Moody's") assigned a Ba3 Corporate Family Rating (CFR) and a Ba3-PD Probability of Default Rating (PDR) to Twilio Inc. ("Twilio"). Concurrently, Moody's rated Twilio's proposed $1 billion senior unsecured notes at Ba3 and assigned a Speculative Grade Liquidity (SGL) rating of SGL-1.
Twilio Inc. said Wednesday it is planning to issue $1 billion of unsecured, senior notes in the cloud communications platform's latest capital raise. The San Francisco-based company raised $1.54 billion in an equity offering in February. Proceeds of the bond deal will be used for general corporate purposes, including potential acquisitions, strategic investments, refinancing or repayment of debt, capex, working capital and share buybacks. JP Morgan, Morgan Stanley and BofA Securities are lead underwriters on the deal. Twilio shares were up 0.8% premarket and have gained 275% in the last 12 months, while the S&P 500 has gained 29%.
Twilio Inc. ("Twilio") (NYSE: TWLO) today announced that it intends to offer, subject to market and other conditions, $1.0 billion of unsecured senior notes in a transaction registered under the Securities Act of 1933, as amended. The offering will be made only by means of a prospectus supplement and accompanying prospectus under Twilio’s effective shelf registration statement. The interest rate, offering price, and other terms of the notes will be determined by Twilio.