Call it tweet consolation!
JPMorgan Chase and Morgan Stanley have nabbed lead roles on a planned revolving line of credit for Twitter ahead of the red-hot tech company's much anticipated stock debut.
For the banking duo, landing the lead on Twitter's credit line is a sort of consolation prize after losing out on the more lucrative leads role on the microblogging site's IPO.
Goldman Sachs is believed to have nabbed the lead role in Twitter's offering, which is expected to be launched sometime around Thanksgiving, sources tell The Post.
Twitter is seeking a credit line — for working capital purposes — of $500 million to as much as $1 billion ahead of its IPO, sources said.
It's unclear how large the line of credit will be — but if Twitter follows Zynga's lead, it would go for the upper range of $1 billion.
JPMorgan and Morgan Stanley also have roles in the impending IPO.
Spokespersons for the banks declined to comment and a Twitter spokesman did not return a call seeking comment.
Bankers sometimes advise companies to secure as much rainy-day cash as they can ahead of a listing, in case market turbulence or other factors delay the IPO.
Twitter, which elected to submit a confidential IPO filing with regulators, does not have to make its financial information public until 21 days before it intends to market the deal to prospective investors.
The tech firm is expected to have nearly a dozen banks participating in varying roles on its upcoming offer.
Meanwhile, Twitter, continuing its goal of not wanting a repeat of Facebook's überhyped — and ultimately botched — IPO, has told bankers working on the deal to keep their lips sealed.
Twitter also may be willing to leave some money on the table in pricing its stock offering to get that first-day pop, sources said.
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