Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Snowflake prices USD 3.75 billion zero-coupon convertible senior notes offering

Snowflake prices USD 3.75 billion zero-coupon convertible senior notes offering

BitgetBitget2026/09/29 06:31
  • Snowflake priced a USD 3.75 billion upsized private placement of 0.00% Convertible Senior Notes.
  • Issuance split into USD 2 billion due 2029, USD 1.75 billion due 2031.
  • Initial purchasers received 13-day options for up to USD 550 million additional notes; closing expected Oct. 1, 2026.
  • Net proceeds estimated at about USD 3.7 billion; earmarked for capped calls, partial 2027 note repurchases, general corporate purposes.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Snowflake Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202609290231BIZWIRE_USPR_____20260928_BW854921) on September 29, 2026, and is solely responsible for the information contained therein.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Ukraine and Germany discuss cooperation on liquefied natural gas supply and storage

Kyiv has revealed that Ukraine and Germany have recently held consultations on two major areas of cooperation: first, to supply liquefied natural gas to Ukraine using German infrastructure; and second, to attract relevant EU enterprises to participate in the operation and management of Ukraine’s domestic natural gas storage facilities. The advancement of this cooperation initiative will not only help Ukraine further broaden its energy import channels and enhance the stability of its energy supply, but also provide new opportunities for EU enterprises to participate in energy cooperation in Eastern Europe. The progress of specific subsequent cooperation between the two sides has attracted much attention.

智通财经•2026/10/04 14:16

OPEC+ decides to keep oil production quotas unchanged in November

According to related disclosures, OPEC+ decided at its Sunday meeting to keep oil production quotas unchanged for November. This decision aligns with OPEC+'s previous market adjustment pace. Subsequently, the alliance of oil-producing countries will dynamically assess future production policy directions based on changes in international crude oil market supply and demand, geopolitical factors, and other variables to ensure the stable operation of the crude oil market.

智通财经•2026/10/04 12:46

OPEC+ keeps November oil production quotas unchanged

According to a statement, OPEC+ decided during the Sunday meeting to maintain the oil production quotas set for November.

智通财经•2026/10/04 11:31

United Airlines and American Airlines increase Japan routes to capitalize on weak yen demand

Market News: United Airlines and American Airlines are increasing flights to Japan to capitalize on the demand driven by the weakening yen.

智通财经•2026/10/04 09:46