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BRIEF-PayPal drew down $800 mln under revolving credit facility
September 28, 2017 / 9:14 PM / in 25 days

BRIEF-PayPal drew down $800 mln under revolving credit facility

Sept 28 (Reuters) - PayPal Holdings Inc

* PayPal - ‍On sept 26, co drew down $800 million under revolving credit facility pursuant to previously disclosed credit and guarantee agreement​

* PayPal Holdings Inc - Borrowing under facility bears interest at a rate equal to one-month libor plus a margin of 1.125% - SEC filing

* PayPal Holdings Inc - ‍Following drawdown, remaining availability under facility is approximately $1.2 billion​ Source text: [bit.ly/2fCwdQ3] Further company coverage:

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