PayPal Holdings, Inc. (PayPal) has announced the offering of two sets of notes under an indenture dated September 26, 2019. The first set, due 20__, carries an interest rate of __%, and the second set, due 20__, carries an interest rate of __%. The notes are being offered through joint book-running managers BofA Securities, Deutsche Bank Securities, Goldman Sachs & Co. LLC, and J.P. Morgan. The offering is made under a shelf registration statement and the specific terms of the notes, including the interest rates, maturity dates, and other key details, will be determined at the time of the offering as described in the prospectus supplement. The notes will be senior unsecured obligations of PayPal and will rank equally with PayPal's other senior unsecured debt. The indenture includes provisions for the potential redemption of the notes, subject to certain conditions, and outlines the process for interest payments. The proceeds from the offering are intended for general corporate purposes, which may include the repayment of existing debt, share repurchases, and other business investments.

PayPal Holdings, Inc. (PayPal) has announced the offering of two sets of notes under an indenture dated September 26, 2019. The first set, due 20__, carries an interest rate of __%, and the second set, due 20__, carries an interest rate of __%. The notes are being offered through joint book-running managers BofA Securities, Deutsche Bank Securities, Goldman Sachs & Co. LLC, and J.P. Morgan. The offering is made under a shelf registration statement and the specific terms of the notes, including the interest rates, maturity dates, and other key details, will be determined at the time of the offering as described in the prospectus supplement. The notes will be senior unsecured obligations of PayPal and will rank equally with PayPal's other senior unsecured debt. The indenture includes provisions for the potential redemption of the notes, subject to certain conditions, and outlines the process for interest payments. The proceeds from the offering are intended for general corporate purposes, which may include the repayment of existing debt, share repurchases, and other business investments.