02:57
Block will issue $2.2 billion in senior bonds, higher than the previously announced issuance scale of $1.5 billion.
Payment service provider Block announced that it will issue notes totaling $2.2 billion through a private sale to qualified institutional buyers and non-U.S. persons, involving notes due in 2030 and 2033, with the issuance size larger than the previous $1.5 billion.