Block to issue $1.5 billion in senior bonds for corporate operations and strategic investments

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PANews
08-13
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PANews reported on August 13 that according to an announcement from Block, Inc., a payment service provider, the company plans to issue senior notes totaling $1.5 billion through a private placement, with funds to be used for corporate operations, including debt repayment, potential acquisitions, and strategic transactions.

It is understood that Block's brands Bitkey and Proto focus on the Bitcoin field, providing self-hosted wallet and Bitcoin mining products and services, with the company committed to promoting the development of an open financial system.

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