10:38 AM EDT, 08/07/2025 (MT Newswires) -- Snap (SNAP) announced plans for a private offering of $500 million in unsecured senior notes due 2034.

Net proceeds will be used in part to repurchase portions of outstanding convertible senior notes across four tranches due 2026, 2027, 2028 and 2030, the company said Thursday in a statement.

Remaining net proceeds may be used for general corporate purposes.

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