eBay Baby Bonds – Buy Now, Bid Later Or Pass – Seeking Alpha
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eBay Baby Bonds – Buy Now, Bid Later Or Pass
Seeking Alpha On February 23rd, eBay (NASDAQ:EBAY) tapped the debt market, raising $750 million in forty year bonds. What was interesting about this sale is that eBay issued "baby bonds", or bonds with a $25 par value. Why is this unique? Typically, a company with … |
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