Snap Eyes $750 Million Convertible Bond Offering in ‘Strategic Move’
Evan Spiegel, co-founder and chief executive officer of Snap Inc., speaks during the New Work Summit in Half Moon Bay, California, U.S. (Photographer: David Paul Morris/Bloomberg)

Snap Eyes $750 Million Convertible Bond Offering in ‘Strategic Move’

Bookmark
(Bloomberg) -- Snap Inc. launched a $750 million convertible offering Thursday morning in what was characterized as a “strategic move” by company co-founder and Chief Executive Officer Evan Spiegel.