PayPal Holdings, Inc. Files 8-K

TL;DR

PayPal filed a routine 8-K, no major news.

AI Summary

PayPal Holdings, Inc. filed an 8-K on May 21, 2024, reporting other events and financial statements. The filing does not contain specific financial figures or material events beyond the standard reporting requirements.

Why It Matters

This filing indicates PayPal is meeting its regulatory reporting obligations. It does not disclose new material information that would immediately impact investors.

Risk Assessment

Risk Level: low — The filing is a standard regulatory report and does not contain any new material information or significant financial disclosures.

Key Players & Entities

• PayPal Holdings, Inc. (company) — Registrant
• May 20, 2024 (date) — Earliest event reported
• May 21, 2024 (date) — Date of report
• 2211 North First Street (address) — Principal executive offices
• San Jose, CA 95131 (address) — Principal executive offices

FAQ

From the Filing

0001193125-24-144012.txt : 20240521 0001193125-24-144012.hdr.sgml : 20240521 20240521164839 ACCESSION NUMBER: 0001193125-24-144012 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20240520 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240521 DATE AS OF CHANGE: 20240521 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PayPal Holdings, Inc. CENTRAL INDEX KEY: 0001633917 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 472989869 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36859 FILM NUMBER: 24970253 BUSINESS ADDRESS: STREET 1: 2211 NORTH FIRST STREET CITY: SAN JOSE STATE: CA ZIP: 95131 BUSINESS PHONE: (408) 967-1000 MAIL ADDRESS: STREET 1: 2211 NORTH FIRST STREET CITY: SAN JOSE STATE: CA ZIP: 95131 8-K 1 d106373d8k.htm 8-K 8-K false 0001633917 0001633917 2024-05-20 2024-05-20     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 20, 2024     PayPal Holdings, Inc. (Exact name of registrant as specified in its charter)       Delaware   001-36859   47-2989869 (State or other jurisdiction of incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.) 2211 North First Street San Jose , CA 95131 (Address of principal executive offices) (408) 967-1000 (Registrant’s telephone number, including area code) Not Applicable (Former name or former address, if changed since last report.)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common stock, $0.0001 par value per share   PYPL   NASDAQ Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       Item 8.01 Other Events On May 20, 2024, PayPal Holdings, Inc. (the “Company”) entered into an Underwriting Agreement (the “Underwriting Agreement”) with BofA Securities, Inc., Deutsche Bank Securities Inc., Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC, as the representatives of the several underwriters named on Schedule 1 thereto, with respect to the Company’s issuance and sale of $1.25 billion aggregate principal amount of senior notes, consisting of $850 million aggregate principal amount of 5.150% notes due 2034 and $400 million aggregate principal amount of 5.500% notes due 2054. The offering is expected to close on May 28, 2024, subject to customary clo