Private Market Offerings
Snowflake base convertible issuance
USD billions principal
Sources: [1] Snowflake: Upsized $3.75 billion convertible pricing · 2026-09-29
Private Capital Raises Put Terms and Custody in Focus
Snowflake prices a larger convertible deal as an SEC pre-IPO fund complaint highlights the distance between an underlying company and the investor’s actual claim.
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