PayPal Holdings Inc, founded in December 1998 and headquartered in San Jose, California, is a leading digital payments platform that enables individuals and businesses to make and receive payments online securely. The company offers a range of products and services, including PayPal accounts, Venmo, Braintree, and PayPal Credit, facilitating seamless transactions across various platforms and devices.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
PayPal began issuing bonds in 2015, with its inaugural $1 billion bond offering supporting its expansion efforts and acquisitions. A significant issuance occurred in 2020, when the company raised $1.5 billion through multiple tranches, with yields competitive within the tech sector. As of October 2023, PayPal's bonds demonstrate stable performance, and the firm is known for its innovative approach, incorporating features such as flexible maturity dates in select issues.