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Wireless

Snap prices USD 1 billion issue of convertible notes

Wednesday 28 April 2021 | 11:43 CET | News
Snap has priced an offering of USD 1.0 billion worth of zero percent convertible senior notes due 2027, for a private placement. The company also granted a greenshoe of up to USD 150 million more worth of notes. The offering is expected to close on 30 April and the notes to mature on 1 May 2027.

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Categories: Mobile & Wireless
Companies: Snap
Countries: World
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