PayPal Holdings Inc.
PayPal Issues $1.25 Billion in Senior Notes
Summary
On May 28, 2024, PayPal Holdings, Inc. issued and sold $1.25 billion aggregate principal amount of senior notes due 2034 and 2054, under its Registration Statement on Form S-3. The issuance of the notes was made pursuant to the Indenture dated September 26, 2019, between PayPal and Computershare Trust Company, N.A. The notes will be unsecured senior obligations of PayPal, subject to certain covenants and default provisions.
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Exhibits (2)
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About PayPal Holdings Inc.
PayPal Holdings Inc. is a prominent player in the digital payments industry, providing an essential service that facilitates online and mobile monetary transactions globally. As a leading payment solutions provider, PayPal enables individuals and businesses to send and receive funds with ease and security without sharing financial information with third parties. Its platform supports a variety of payment options, including credit cards, bank accounts, and stored digital balances. PayPal has significantly impacted the e-commerce sector, empowering businesses of all sizes to reach a global customer base. Additionally, it offers tailored financial solutions for merchants, including invoicing and working capital services. Operating in over 200 markets worldwide, PayPal plays a crucial role in the financial ecosystem by promoting digital payment adoption and financial inclusion. With its continuous technological advancements and partnerships with leading retail and tech companies, PayPal remains at the forefront of transforming how people conduct financial transactions in the digital age.
Official SEC Documents
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