Deals • 05/20/2024

Loop Capital Markets as co-manager on $1.3 billion senior unsecured notes offering for PayPal Holdings, Inc.

On May 20, 2024, Loop Capital Markets acted as a co-manager on a two-tranche, $1.3 billion senior unsecured notes offering for PayPal Holdings, Inc. The bonds are rated A3/A-/A- across 10- and 30-year tranches.

Use of proceeds are earmarked for general corporate purposes, debt repayment, share repurchase, working capital, operating expenses and capital expenditures.

Loop Capital Markets as co-manager on $1.3 billion senior unsecured notes offering for PayPal Holdings, Inc.

Related articles

Loop Capital Markets Served as Sole Underwriter on Iona University’s $74.815 Million Revenue Bonds, Series 2025

Loop Capital Markets Served as Bookrunning Senior Manager on City of Chicago’s $695.380 Million General Obligation Bonds, Series 2025ABCDE

Loop Capital Markets mandated as active book-runner on $174 million follow-on offering for BrightView Holdings, Inc.