Block Secures $2.2B Through Senior Notes as Company Boosts Financing Power

Block Secures $2.2B Through Senior Notes as Company Boosts Financing Power

Digital payments giant expands debt offering from $1.5B to $2.2B through two series of senior notes with 5.625% and 6% interest rates. Funds target strategic growth. Learn more.

Jack Dorsey's Block to raise $1.5B in notes offering for corporate growth – #CryptoUpdatesGNIT

Key Takeaways Block plans to issue $1.5 billion through a private senior notes offering to institutional investors. Proceeds will be used for corporate purposes including debt repayment, acquisitions, and capital investments. Share this article Block, Jack Dorsey’s fintech firm, announced on Wednesday its plans to offer $1.5 billion in senior notes through a private placement to qualified institutional buyers. The Oakland, California-based comp…

Jack Dorsey's Block to raise $1.5B in notes offering for corporate growth

Block's capital raise could accelerate its fintech innovation and Bitcoin ecosystem expansion, potentially reshaping digital finance landscapes. The post Jack Dorsey’s Block to raise $1.5B in notes offering for corporate growth appeared first on Crypto Briefing.