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    Brief: Snowflake Announces Proposed Private Placement Of $3.5 Billion Of 0.00% Convertible Senior Notes

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    28/09/2026 12:11
    BRIEF-Snowflake Announces Proposed Private Placement Of $3.5 Billion Of 0.00% Convertible Senior Notes
    Sept 28 (Reuters) - Snowflake Inc. SNOW.N:
    • SNOWFLAKE ANNOUNCES PROPOSED PRIVATE PLACEMENT OF $3.5 BILLION OF 0.00% CONVERTIBLE SENIOR NOTES
    • SNOWFLAKE - NET PROCEEDS TO FUND CAPPED CALLS, REPURCHASE 2027 NOTES, AND GENERAL CORPORATE PURPOSES
    • SNOWFLAKE - INITIAL PURCHASERS MAY BUY UP TO $200 MILLION MORE 2029 NOTES, $300 MILLION MORE 2031 NOTES
    • SNOWFLAKE - EXPECTS TO REPURCHASE FOR CASH A PORTION OF 2027 NOTES
    Source text: ID:nBw7CLXlNa
    Further company coverage: SNOW.N

     ((Reuters.Briefs@thomsonreuters.com;;))

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