PayPal Holdings, Inc. Files 8-K Report

TL;DR

PYPL filed an 8-K, mostly procedural stuff, check for details.

AI Summary

On May 28, 2024, PayPal Holdings, Inc. filed an 8-K report. The filing primarily concerns "Other Events" and "Financial Statements and Exhibits," indicating updates or disclosures related to the company's financial status and operations. No specific new material events or financial figures were detailed in the provided excerpt.

Why It Matters

This filing serves as an official notification to the SEC and investors about significant company events or financial updates. It ensures transparency and provides crucial information for market participants.

Risk Assessment

Risk Level: low — The filing is a standard 8-K report for 'Other Events' and 'Financial Statements and Exhibits' without immediate indication of material adverse changes.

Key Players & Entities

• PayPal Holdings, Inc. (company) — Registrant
• 2211 North First Street (location) — Principal executive offices address
• San Jose, CA 95131 (location) — Principal executive offices city, state, zip

FAQ

From the Filing

0001193125-24-148078.txt : 20240528 0001193125-24-148078.hdr.sgml : 20240528 20240528160133 ACCESSION NUMBER: 0001193125-24-148078 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20240528 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240528 DATE AS OF CHANGE: 20240528 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: 24991613 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 d733562d8k.htm 8-K 8-K false 0001633917 0001633917 2024-05-28 2024-05-28     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 28, 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. Notes Offering On May 28, 2024, PayPal Holdings, Inc. (the “Company”) issued and sold $1.25 billion aggregate principal amount of senior notes, consisting of $850,000,000 aggregate principal amount of 5.150% notes due 2034 (the “2034 Notes”) and $400,000,000 aggregate principal amount of 5.500% notes due 2054 (the “2054 Notes” and, together with the 2034 Notes, the “Notes”). The Notes are being issued pursuant to an indenture, dated as of September 26, 2019 (the “Base Indenture”), between the Company and Computershare Trust Company, N.A. as successor to Wells Fargo Bank, National Association, as trustee, together with the officer