Moody's Investors Service ("Moody's") has assigned an A3 senior unsecured rating to PayPal Holdings, Inc.'s ("PayPal") proposed offering of senior notes. The net proceeds from the offering will be used to repay outstanding revolving credit facility balances. "PayPal's consistent leadership of the evolution of financial technology and e-commerce underpins its long-term credit strength" said Peter Krukovsky, Moody's Senior Analyst. Read More...
Moody’s Investors Service (“Moody’s”) has assigned an A3 senior unsecured rating to PayPal Holdings, Inc.’s (“PayPal”) proposed offering of senior notes. The net proceeds from the offering will be used to repay outstanding revolving credit facility balances. “PayPal’s consistent leadership of the evolution of financial technology and e-commerce underpins its long-term credit strength” said Peter Krukovsky, Moody’s Senior Analyst.
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