Snap repurchases ~$451M of convertible notes in private transactions

Snap Inc

Repurchased $100M principal of 0.25% Convertible Senior Notes due 2025 for ~$97.8M cash.
Repurchased $351.2M principal of 0.75% Convertible Senior Notes due 2026 for ~$336.4M cash.
Settlement expected on February 14, 2024.
Repurchases were privately negotiated with certain holders, not open market.

item 8.01

Snap Inc filing history →

Source: SEC EDGAR

accession 0001193125-24-030898

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