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Snowflake said it intends to offer $1.3 billion of 2029 notes and $2.2 billion of 2031 notes in a private placement. The company expects to use proceeds to pay capped call costs, repurchase some 2027 notes and for general corporate purposes.
U.S. equities opened August with a broad-based relief rally Monday as crude oil tumbled and Treasury yields retreated from 18-month highs, after President Donald Trump called off a planned military strike on Iran over the weekend and said negotiations would resume. West Texas Intermediate crude sank 5.9% to $79.69 a ba