Block, Inc. Announces Upsize and Pricing of $2.0 Billion Offering of Senior Notes | $SQ Stock News
Summary
Announces Upsize and Pricing of $2.0 Billion Offering of Senior NotesDISTRIBUTED-WORK-MODEL/ --(BUSINESS WIRE)-- Block, Inc. (Block) (NYSE: SQ) today announced the pricing of principal amount of its senior notes due 2032 (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 amended (the Act) and outside to non- persons pursuant to Regulation S under the Act. The Notes have not been, and will not be, registered under the Act or the securities laws of any other jurisdiction, and unless so registered, may not be offered or sold in except pursuant to an applicable exemption from the registration requirements of the Act and applicable state laws.Block, Inc. (NYSE: SQ) (formerly, Square, Inc.) is a global technology company with a focus on financial services. Made up of Square, Cash App, TIDAL, and TBD, we build tools to help more people access the economy. Square makes commerce and financial services easy and accessible for sellers with its integrated ecosystem of technology solutions. TBD is building an open source platform and developer infrastructure that enables everyone to access and participate in the global economy.