Snowflake Plans $3.5 Billion Convertible-Note Offering

By Connor HartSnowflake said it intends to offer $3.5 billion of convertible senior notes in a private placement to qualified institutional buyers.The cloud-data company on Monday said it plans to offer $1.3 billion of convertible notes due in 2029 and $2.2 billion of convertible notes due in 2031…