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Roku is Borrowing $69.6 Million From Morgan Stanley

JabbaNut

Well-known Member
" Yesterday Roku announced that it has taken revolving loans of $69.6 million. According to the filing, Morgan Stanley is the senior funding location for this $69.6 million in new funding.


Now the question is exactly why is Roku borrowing the money. There are a few possibilities including the fact that Roku may want the money to help with a project it’s working on. It is not unusual for companies to borrow money just as they are trying to place a large order for new products they hope to soon release. "

 
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