Spotify Prices $1,300.0 Million Exchangeable Senior Notes Offering

Spotify Technology S.A. (Spotify) (NYSE: SPOT) today announced that on February 25, 2021, its indirect subsidiary, Spotify USA Inc. (Spotify USA), priced its offering of $1,300,000,000 aggregate principal amount of 0% 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).