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Snowflake prices $3.75 billion convertible-note offering with 2029 and 2031 maturities

Verifying
  • Snowflake priced an upsized private offering of 0% convertible senior notes.
  • $3.75 billion will be issued, with maturities in 2029 and 2031.
  • Snowflake expects the offering to close Oct. 1 and granted additional purchase options.
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