---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-179072"
form_type: "8-K"
ticker: "SNAP"
cik: "0001564408"
company_name: "Snap Inc"
filed_at: "2025-08-12T23:59:59+00:00"
generated_at: "2026-05-17T14:29:50.154621+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Snap issues $550M 6.875% notes due 2034; repurchases ~$589.5M convertible notes

## Summary
- Issued $550M principal of 6.875% Senior Notes due 2034, net proceeds ~$541.3M.
- Repurchased $157.4M of 0.75% 2026 notes, $246.3M of 0% 2027 notes, and $185.8M of 0.125% 2028 notes for ~$550.1M cash.
- Transactions settled Aug 12, 2025; proceeds from new notes plus cash used for repurchases.
- Notes are senior unsecured, redeemable before Sept 15, 2028 with make-whole premium.

## SEC filing metadata
- accession: 0001193125-25-179072
- form_type: 8-K
- ticker: SNAP
- cik: 0001564408
- company_name: Snap Inc
- filed_at: 2025-08-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 8.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1564408/000119312525179072/0001193125-25-179072-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1564408/000119312525179072/d427483d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-179072
- JSON: https://secwatch.observer/filing/0001193125-25-179072.json
- Plain text: https://secwatch.observer/filing/0001193125-25-179072.txt

## Key facts
- Debt Financings
  Snap Inc incurred senior notes of $550.0 million at 6.875% maturing March 15, 2034.
  - Instrument: senior notes
  - Principal: $550.0 million
  - Rate: 6.875%
  - Maturity: March 15, 2034
  - Event: incurrence
  source text: On August 7, 2025, we entered into a purchase agreement (the “Purchase Agreement”) with Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC, as representatives of the several purchasers named therein (collectively, the “Initial Purchasers”), relating to the sale by us of an aggregate of $550.0 million principal amount of our 6.875% Senior Notes due 2034 (the “Notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1564408/000119312525179072/0001193125-25-179072-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.