Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Snowflake Prices Upsized Private Placement of $3.75 Billion of 0.00% Convertible Senior Notes

MENLO PARK, Calif. — Snowflake Inc. (NYSE: SNOW) (“Snowflake”), the AI Data Cloud Company, today announced the pricing of $2.0 billion aggregate principal amount of its 0.00% Convertible Senior Notes due 2029 (the “2029 notes”) and $1.75 billion aggregate principal amount of its 0.00% Convertible Senior Notes due 2031 (the “2031 notes,” and together with […]

We haven't written up this one. Financial Post has the full story — the link below goes straight to it.

Read the original at financialpost.com →

More in Finance & Markets

Asset Managers Warn Tender Offer Bill Could Deepen Shareholder Gap

Eighteen domestic and foreign asset management firms have joined forces to call for a re-examination of a proposed mandatory tender offer system set to be put to a plenary session vote in the National…

  • Eighteen asset managers warn against mandatory tender offer bill.
  • Bill could widen gap between controlling and ordinary shareholders.
  • Propose proportional tender offers for fairness.

More from Tuesday 29 September →