Block Plans to Issue $1.5 Billion in Senior Notes
According to Jinse Finance, payment service provider Block has announced plans to issue a total of $1.5 billion in senior notes through a private placement. The funds raised will be used for corporate operations, including debt repayment, potential acquisitions, and strategic transactions.
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The three major U.S. stock indexes closed lower collectively.
The US Dollar Index fell by 0.09%, closing at 98.306.
The Dow Jones Index closed down 41.31 points, with both the S&P 500 and Nasdaq also declining.
U.S. stocks closed lower with all three major indexes down, while Tesla rose 3.5%
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