Spotify announces proposed exchangeable senior notes offering

New york--(business wire)--spotify technology s.a. (“spotify”) (nyse: spot) today announced that its indirect subsidiary, spotify usa inc. (“spotify usa”), intends to offer, subject to market and other conditions, $1,300,000,000 aggregate principal amount of exchangeable senior notes due 2026 (the “notes”) in a private offering to qualified institutional buyers pursuant to rule 144a under the securities act of 1933, as amended (the “securities act”). the notes will be fully and unconditionally
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