Ebay to offer $3.5B debt offering


EBay (NASDAQ:EBAY) is offering a new $3.5B bond sale to fund general operating activities as well as pay down outstanding short-term loans.

The bond sale comes in the the middle of eBay's consideration of whether to transfer $9B held in cash overseas to the U.S.

The company took a charge of nearly $3B this past April in anticipation of repatriating the funds to be used for acquisitions or other operating activities.

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Comments (2)
  • ChuckXX
    , contributor
    Comments (1740) | Send Message
     
    Whats the interest rate????
    24 Jul 2014, 08:08 AM Reply Like
  • Seeker137
    , contributor
    Comments (424) | Send Message
     
    And this type of thing gives investors some sort of exciting incentive to buy more eBay stock or hold onto what they already have??? Seriously???
    24 Jul 2014, 08:41 AM Reply Like
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