EBay Bonds Fall After Disclosing Plan to Split Off PayPal
Bonds of EBay Inc. (EBAY) fell after announcing plans to split off its PayPal division, prompting ratings firms to review its credit grade for a potential reduction. EBay's $750 million of 4 percent notes due July 2042 fell 1.7 cents to 87.8 cents on the dollar to yield ...
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