AI English summary of an SEC filing — figures as filed
eBay EBAYeBay closed its offering of $1,000,000,000 aggregate principal amount of senior unsecured notes on November 6, 2025, with the Underwriting Agreement dated November 3, 2025.
Key points
AI summaryeBay closed its offering of $1,000,000,000 aggregate principal amount of senior unsecured notes on November 6, 2025, with the Underwriting Agreement dated November 3, 2025.
The company said the notes consist of $600,000,000 aggregate principal amount of 4.250% Notes due 2029 and $400,000,000 aggregate principal amount of 5.125% Notes due 2035.
eBay said the 2029 Notes bear interest payable semi-annually in arrears on March 6 and September 6 of each year, beginning March 6, 2026, and the 2035 Notes bear interest payable semi-annually in arrears on May 6 and November 6 of each year, beginning May 6, 2026. Each series is redeemable at the option of the company, in whole or in part, at any time prior to maturity.
The company said the notes are senior unsecured obligations that rank equally in right of payment with all other existing and future senior and unsubordinated indebtedness of the company. The Indenture contains customary covenants that restrict the entry into certain secured indebtedness, certain sale and leaseback transactions and certain mergers, consolidations and transfers of all or substantially all of the company's assets. If a Change of Control Triggering Event occurs, the company will be required to offer to repurchase the notes at a price equal to 101% of the principal amount, plus accrued and unpaid interest.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
eBay Closes Offering of $1,000,000,000 Senior Unsecured Notes
eBay closed its offering of $1,000,000,000 aggregate principal amount of senior unsecured notes on November 6, 2025, with the Underwriting Agreement dated November 3, 2025.
Source · Based on the filing body and exhibits
4.250% 2029 Notes and 5.125% 2035 Notes
The company said the notes consist of $600,000,000 aggregate principal amount of 4.250% Notes due 2029 and $400,000,000 aggregate principal amount of 5.125% Notes due 2035.
Source · Based on the filing body and exhibits
Interest Payment Schedule and Redemption Terms
eBay said the 2029 Notes bear interest payable semi-annually in arrears on March 6 and September 6 of each year, beginning March 6, 2026, and the 2035 Notes bear interest payable semi-annually in arrears on May 6 and November 6 of each year, beginning May 6, 2026. Each series is redeemable at the option of the company, in whole or in part, at any time prior to maturity.
Source · Based on the filing body and exhibits
Senior Ranking, Covenants and Change of Control Repurchase Obligation
The company said the notes are senior unsecured obligations that rank equally in right of payment with all other existing and future senior and unsubordinated indebtedness of the company. The Indenture contains customary covenants that restrict the entry into certain secured indebtedness, certain sale and leaseback transactions and certain mergers, consolidations and transfers of all or substantially all of the company's assets. If a Change of Control Triggering Event occurs, the company will be required to offer to repurchase the notes at a price equal to 101% of the principal amount, plus accrued and unpaid interest.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
Loading the filing text…