PayPal Holdings, Inc. has announced the pricing of its senior unsecured notes offering on May 21, 2024. The offering consists of $850 million in 5.150% notes due in 2034 and $400 million in 5.500% notes due in 2054. The trade date was May 20, 2024, with a settlement date set for May 28, 2024. The notes were priced at 99.351% and 98.841% of their face value for the 2034 and 2054 notes, respectively. The offering, which was filed under Rule 433 with the SEC, is anticipated to have ratings of A3 by Moody's, A- by S&P, and A- by Fitch. The joint book-running managers for the transaction include major financial institutions such as BofA Securities, Deutsche Bank Securities, and Goldman Sachs, among others. The proceeds before expenses are expected to be approximately $840.7 million for the 2034 notes and $391.9 million for the 2054 notes. This prospectus update was specifically filed to correct the Make-Whole Call Date of the 2054 Notes and supersedes the previous filing made on May 20, 2024.

PayPal Holdings, Inc. has announced the pricing of its senior unsecured notes offering on May 21, 2024. The offering consists of $850 million in 5.150% notes due in 2034 and $400 million in 5.500% notes due in 2054. The trade date was May 20, 2024, with a settlement date set for May 28, 2024. The notes were priced at 99.351% and 98.841% of their face value for the 2034 and 2054 notes, respectively. The offering, which was filed under Rule 433 with the SEC, is anticipated to have ratings of A3 by Moody's, A- by S&P, and A- by Fitch. The joint book-running managers for the transaction include major financial institutions such as BofA Securities, Deutsche Bank Securities, and Goldman Sachs, among others. The proceeds before expenses are expected to be approximately $840.7 million for the 2034 notes and $391.9 million for the 2054 notes. This prospectus update was specifically filed to correct the Make-Whole Call Date of the 2054 Notes and supersedes the previous filing made on May 20, 2024.