Snap (SNAP) Announces Proposed $700M Notes Offering
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Snap Announces Proposed Private Offering of $700 Million of Senior Notes Due 2033
February 10, 2025 7:02 AM ESTSANTA MONICA, Calif.--(BUSINESS WIRE)-- Snap Inc. (NYSE: SNAP) announced today that it intends to offer, subject to market conditions and other factors, $700 million aggregate principal amount of senior notes due 2033, or the notes, in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended, or the Securities Act. The notes will be general and unsecured senior obligations of Snap and will be fully and unconditionally guaranteed in the future, jointly and severally, by each of Snaps domestic subsidiaries that guarantees certain of its... More
