PayPal Holdings Inc.
PayPal Establishes Commercial Paper Program
Summary
PayPal Holdings, Inc. has established a commercial paper program to issue short-term, unsecured commercial paper notes up to $5.0 billion for general corporate purposes. The notes will be sold in the U.S. commercial paper market and are not registered under the Securities Act. The revolving credit facility will serve as a liquidity backstop.
Profitelligence Alerts
Get alerts for PYPL
Be first to know when PayPal Holdings Inc. files with the SEC.
Filing Categories
Advertisement
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
Advertisement