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Fitch Downgrades eBay to 'A-/F2', Negative Rating Watch on Planned PayPal Separation

Fitch Ratings has downgraded eBay, Inc.'s long-term Issuer Default Rating and senior unsecured debt ratings to 'A-' from 'A' and short-term ratings to 'F2' from 'F1'. The downgrades follow eBay's announcement that it will spin off PayPal in the second half of 2015.

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