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PayPal eyes high-grade bond market, plans Tuesday investor calls
By Cristal Cody
Tupelo, Miss., Sept. 17 – PayPal Holdings Inc. (BBB+/BBB+) will hold fixed income investor calls on Tuesday for a potential bond offering, a market source said.
Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC are the arrangers.
PayPal is a San Jose, Calif.-based online payments system operator.
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