Snap Announces Proposed Private Offering of $500 Million of Senior Notes Due 2034

SANTA MONICA, Calif.--(BUSINESS WIRE)--Snap Inc. (NYSE: SNAP) announced today that it intends to offer, subject to market conditions and other factors, $500 million aggregate principal amount of senior notes due 2034, or the notes, in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended, or the Securities Act. The notes will be general and unsecured senior obligations of Snap and will be fully and unconditionally guaranteed in the future