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Snowflake (SNOW) upsizes convertible note offering to $3.75 billion.
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Snowflake Inc. has increased its private placement of 0.00% convertible senior notes to $3.75 billion, up from the previously announced $3.5 billion. The offering includes $2.0 billion due in 2029 and $1.75 billion due in 2031, with the sale expected to close on October 1, 2026.
Points clés
- Snowflake upsizes convertible note offering to $3.75 billion.
- Sale expected to close on October 1, 2026.
- Proceeds to be used for capped calls and repurchasing 2027 notes.
Sources
Généré par IA à partir de sources d'actualités publiques. Ceci n'est pas un conseil financier.
