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Published on 2/22/2016 in the Prospect News Bank Loan Daily, Prospect News Investment Grade Daily and Prospect News Preferred Stock Daily.

S&P gives BBB+ to eBay notes

Standard & Poor’s said it assigned its BBB+ issue-level rating to eBay Inc.’s proposed senior unsecured notes due Feb. 1, 2056.

S&P said the BBB+ corporate credit rating and stable outlook on eBay remain unchanged.

“The rating incorporates our view of the company’s standing as one of the largest e-commerce platforms globally, with a highly recognizable brand name, and its geographically diversified customer mix,” S&P said in a news release.


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