Salesforce Adds $575 million in Private Funding

Salesforce announced the closing of private placement funding in the amount of US$ 575 million. It comes in the form of convertible senior notes due 2015. Salesforce.com says these notes are unsecured, unsubordinated obligations, with interest being paid semi-annually at a rate of 0.75% per year.

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This entry was posted on January 22, 2010 at 7:00 am and is filed under Private Company. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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