> ## Content Index
> Fetch the complete content index at: https://www.hypebot.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# Spotify Lands $200 Million Credit Line, Signals IPO
- URL: https://www.hypebot.com/spotify-signals-ipo-seeks-new-credit-line/
- Published: 2014-03-10T08:30:00.000Z
- Updated: 2014-03-10T08:30:00.000Z
- Description: UPDATED: This morning, news broke that Spotify has landed a $200 million credit line from a consortium of Goldman Sachs, Morgan Stanley, Credit Suisse and Deutsche Bank, according to several sources. Banks often. Continue reading [https://www.hypebot.com/hypebot/2014/03/spotify-signals-ipo-seeks-new
- Author: Bruce Houghton
- Tags: Music Business, Music Tech, Startups & Funding, Streaming, #wp, #wp-post, #Import 2026-01-21 10:38

[![spotify stock](http://hypebot.typepad.com/.a/6a00d83451b36c69e201a3fccfd3f4970b-75wi "spotify stock")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201a3fccfd3f4970b-popup?ref=hypebot.com)

UPDATED: This morning, news broke that Spotify has landed a $200 million credit line from a consortium of Goldman Sachs, Morgan Stanley, Credit Suisse and Deutsche Bank, according to several sources. Banks often pitch loans to tech companies hoping to win an underwriting role in a future IPO. The credit facility is the latest in a string of strong signs that Spotify is planning an IPO.

Last week Spotify acquired ubiquitous music analytics firm The Echo Nest; a move seen by some analysts as strengthening its portfolio before announcing a public stock offering. In February, a Spotify recruitment ad sought an External Reporting Specialist to "prepare the Company for international financial standards," as required by U.S. Securities and Exchange Commission (SEC) guidelines for a company planning an initial public stock offering. The original version of the ad also named the SEC, according to [Reuters](http://www.reuters.com/article/2014/02/17/us-spotify-idUSBREA1G0T120140217?ref=hypebot.com).

In November, Spotify raised another $250 million in a funding round led by Silicon Valley firm Technology Crossover Ventures. Investors then were placing the valuation of the music streamer somewhere "north" of $4 billion, according to multiple sources. A successful IPO could put Spotify's value north of $8 billion, one investment banker told Reuters.

Previous Spotify funding rounds from 2008-2012 totaled $288 million, with Goldman Sachs and Klein Perkins in for $100 million each. At $4 billion, Spotify's valuation was nearing Pandora's public market capitalization of $5.7 billion, according to the [WSJ](http://online.wsj.com/news/article%5Femail/SB10001424052702304791704579212152163448852-lMyQjAxMTAzMDIwMTEyNDEyWj?ref=hypebot.com).

Related articles

[![](http://i.zemanta.com/218974040_80_80.jpg)](https://www.hypebot.com/hypebot/2013/11/spotify-closing-in-on-200-million-new-funding-from-tcv-.html)[Spotify Closing In On $200 Million New Funding From Technology Crossover Ventures](https://www.hypebot.com/hypebot/2013/11/spotify-closing-in-on-200-million-new-funding-from-tcv-.html)

[![](http://i.zemanta.com/223229462_80_80.jpg)](https://www.hypebot.com/spotify-raises-another-250-million-at-4-billion-valuation/)[Spotify Raises Another $250 Million At $4 Billion Valuation](https://www.hypebot.com/spotify-raises-another-250-million-at-4-billion-valuation/)

[![](http://i.zemanta.com/249137124_80_80.jpg)](https://www.hypebot.com/ad-confirms-spotify-headed-toward-ipo/)[Ad Confirms Spotify Planning For IPO](https://www.hypebot.com/ad-confirms-spotify-headed-toward-ipo/)