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Block, Inc. Announces Upsize and Pricing of $2.2 Billion Offering of Senior Notes

Sentiment:Negative (25)

Summary

DISTRIBUTED-WORK-MODEL/OAKLAND, Calif.--(BUSINESS WIRE)--Block, Inc. (“Block”) (NYSE: XYZ) today announced the pricing of $1.2 billion principal amount of its 5.625% senior notes due 2030 (the “2030 Notes”) and $1.0 billion principal amount of its 6.000% senior notes due 2033 (the “2033 Notes” and, together with the 2030 Notes, the “Notes”) in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amende

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Article published on August 13, 2025 by businesswire