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Published on 11/7/2022 in the Prospect News Bank Loan Daily, Prospect News Investment Grade Daily and Prospect News Preferred Stock Daily.

Moody's gives Baa1 rating to eBay notes

Moody's Investors Service said it gave a Baa1 rating to eBay Inc.’s senior unsecured notes

The company’s Baa1 senior unsecured is unaffected by the new notes, the agency said.

EBay intends to use the proceeds for general corporate purposes, including repayment of the floating-rate notes due 2023 and 2.75% fixed-rate notes due 2023.

The outlook remains stable.


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