{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-226653","form_type":"8-K","ticker":"PYPL","cik":"0001633917","company_name":"PayPal Holdings, Inc.","filed_at":"2026-05-15T20:06:19+00:00","discovered_at":"2026-05-15T20:12:00.339605+00:00","generated_at":"2026-05-15T20:12:34.827709+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"PayPal issues $2.0B senior notes in three tranches with maturities 2028-2036","bullets":["Issued $650M of 4.550% notes due 2028, $850M of 4.950% notes due 2031, and $500M of 5.550% notes due 2036.","Notes are unsecured senior obligations, rank equally with existing unsecured debt, structurally subordinated to subsidiary liabilities.","Change-of-control put provision at 101% of principal if both change of control and rating downgrade below investment grade occur.","Interest payable semi-annually on June 1 and December 1, starting December 1, 2026.","Issued under existing S-3 shelf registration; no specific use of proceeds disclosed."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-226653","json":"https://secwatch.observer/filing/0001193125-26-226653.json","markdown":"https://secwatch.observer/filing/0001193125-26-226653.md","text":"https://secwatch.observer/filing/0001193125-26-226653.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1633917/000119312526226653/0001193125-26-226653-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1633917/000119312526226653/d930458d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T20:12:34.827709+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}