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News 2026-09-29 06:31 UTC

Snowflake Inc. (SNOW) Prices $3.75B 0% Convertible Notes

Snowflake priced $2.0B 0.00% convertible notes due 2029 and $1.75B due 2031, expecting ~$3.70B net proceeds; offering upsized from $3.5B. Notes carry initial conversion prices of ~$500.38 (2029) and ~$483.98 (2031).Material DetailsContext by AI AnalystThis is a balance sheet move mid-cycle, trading…