Jack Dorsey’s Block to raise $1.5B in senior notes offering
Fitch Ratings notes that Block has used convertible debt for external funding since its IPO and is well-positioned to exploit the growth in payments and consumer financial services.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Fitch Ratings notes that Block has used convertible debt for external funding since its IPO and is well-positioned to exploit the growth in payments and consumer financial services.
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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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