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Published on 9/17/2019 in the Prospect News Investment Grade Daily.

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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