Mastercard Incorporated, founded in 1966 and headquartered in Purchase, New York, is a global payments technology company that facilitates electronic funds transfers through its card networks. It offers a wide range of products and services including credit, debit, and prepaid card solutions, digital payment services, and fraud prevention technologies.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Mastercard began issuing bonds in the mid-1990s, with significant issuances designed to support its growth and expansion strategies. One notable issuance was a $1 billion bond offering in 2019, which allowed the company to finance general corporate purposes and refinance existing debt. Currently, Mastercard bonds yield comparably to other major players in the payment processing industry, reflecting strong investor confidence in the company's stability and growth prospects.