- eBay Inc (NASDAQ:EBAY) has priced $1.15 billion underwritten public offering of its senior unsecured notes.
- The notes consist of $425 million of 5.900% Notes due 2025, $300 million of 5.950% Notes due 2027 and $425 million of 6.300% Notes due 2032.
- The public offering price of the 2025 Notes is 99.883% of the principal amount, 2027 Notes is 99.863% of the principal amount, and 2032 Notes is 99.934% of the principal amount, in each case plus accrued interest, if any.
- eBay intends to use all or a substantial portion of the net proceeds from the offering to redeem all outstanding floating rate notes due 2023 and 2.750% fixed rate notes due 2023.
- The offering is expected to close on November 22, 2022.
- Price Action: EBAY shares closed higher by 1.27% at $40.58 on Monday.
Labcorp’s At Home Collection Kit Gets EUA Nod For Combined COVID-19 and Flu Detection
The FDA has granted Emergency Use Authorization (EUA) to Laboratory Corp of America Holdings’s (NYSE:LH) combined home collection kit to…
