Snapchat parent Snap said Friday it will selling $850 million in senior notes – up from a $750 million debt offering it announced yesterday – on strong investor demand for the securitie…
said Friday it will selling $850 million in senior notes – up from a $750 million debt offering it announced yesterday – on strong investor demand for the securities.
Snap said in its SEC filing yesterday it “intends to use the net proceeds from the offering for general corporate purposes, including working capital, operating expenses, capital expenditures” or to acquire “complementary businesses, products, services, or technologies.”
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