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Wireless

Snap to raise USD 1 billion in convertible debt issue

Tuesday 6 August 2019 | 15:25 CET | News
Update: 7 August 2019 | 08:50 CET
Snap has raised USD 1.1 billion in an issue of convertible notes. The loss-making company will use the proceeds to fund general operations, capex and possible acquisitions and share buybacks. 

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[07/08/2019 08:50- Update: Adds pricing details.]


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Categories: Mobile & Wireless
Companies: Snap
Countries: World
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