Snowflake today announced the completion of private placement pricing, issuing zero-interest convertible senior notes with a total principal amount of $2 billion, zero-interest convertible senior notes due in 2029, and a total principal amount of $1.75 billion and zero-interest convertible senior notes due in 2031. The private placement was issued to investors who were reasonably identified as qualified institutional buyers in accordance with Rule 144A of the 1933 Securities Law as amended.

Zhitongcaijing · 2d ago
Snowflake today announced the completion of private placement pricing, issuing zero-interest convertible senior notes with a total principal amount of $2 billion, zero-interest convertible senior notes due in 2029, and a total principal amount of $1.75 billion and zero-interest convertible senior notes due in 2031. The private placement was issued to investors who were reasonably identified as qualified institutional buyers in accordance with Rule 144A of the 1933 Securities Law as amended.