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General

Snapchat gets new credit line - report

Friday 9 September 2016 | 09:12 CET | News
Messaging service Snapchat has received a new credit line, with Morgan Stanley as lead, and other banks taking part, Recode reported, citing multiple sources. No specific financial details are yet known. The startup has so far over USD 2 billion, with its most recent valuation at around USD 16 billion valuation.

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Categories: General
Companies: Morgan Stanley / Snapchat
Countries: World
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