eBay Inc. Announces Pricing of $1.0 Billion Senior Unsecured Notes Offering

SAN JOSE, California, Nov. ‎3, 2025‎ - eBay Inc. (Nasdaq: EBAY) (the "company" or "eBay") today announced the pricing of an‎ underwritten public offering of its senior unsecured notes, consisting of $600,000,000 aggregate principal amount of 4.250% Notes due 2029 (the "2029 Notes") and $‎400,000,000 aggregate principal amount of ‎5.125% Notes due 2035 (the "2035 Notes"). The public offering price of the 2029 Notes is ‎99.977% of the principal amount, and the public offering price of the 2035 Notes is ‎99.923% of the principal amount, in each case plus accrued interest, if any. The offering is expected to close on ‎November 6, 2025, subject to the satisfaction of customary closing conditions.

eBay intends to use a portion of the net proceeds from the offering to repay approximately $575.0 million aggregate principal amount of its outstanding commercial paper notes, and to use the remaining net proceeds for general corporate purposes, which may include capital expenditures, share repurchases, repayment of other indebtedness and possible acquisitions.

Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and Goldman Sachs & Co. LLC are acting as joint book-running managers for the offering. BNP Paribas Securities Corp., BofA Securities, Inc., HSBC Securities (USA) Inc., Independence Point Securities LLC, J.P. Morgan Securities LLC, Mischler Financial Group, Inc., Morgan Stanley & Co. LLC, Penserra Securities LLC, RBC Capital Markets, LLC, Standard Chartered Bank, Siebert Williams Shank & Co., LLC and Wells Fargo Securities, LLC are acting as co-managers for the offering.

An effective shelf registration statement relating to these securities was previously filed with and became effective by rule of the Securities and Exchange Commission (the "SEC"), and the offering is being made solely by means of a prospectus supplement and accompanying prospectus. A preliminary prospectus supplement and accompanying prospectus relating to the offering have been filed with the SEC and are available free of charge on the SEC's website at http://www.sec.gov. The final prospectus supplement and accompanying prospectus will be filed with the SEC and may also be obtained, when available, by contacting: Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Telephone: (800) 831-9146, E-mail: [email protected]; Deutsche Bank Securities Inc., 1 Columbus Circle, New York, New York 10019, Attention: Debt Capital Markets Syndicate, email: [email protected] or by calling at 1-800-503-4611; or Goldman Sachs & Co. LLC, Prospectus Department, 200 West Street, New York, NY 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316 or by emailing [email protected].

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any offer or sale of these securities, in any state or other jurisdiction where, or to any person to whom, the offer, solicitation or sale of these securities would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

About eBay

Founded in 1995 in San Jose, California, eBay Inc. (Nasdaq: EBAY) is a global commerce leader that connects people and builds communities to create economic opportunity for all. Our technology empowers millions of buyers and sellers in more than 190 markets around the world, providing everyone the opportunity to grow and thrive. Our Marketplace platforms, including our online marketplace and its localized counterparts, our off-platform marketplaces and our suite of mobile apps, together, create one of the world's largest and most vibrant marketplaces for discovering great value and unique selection.

Forward-Looking Statements

This press release contains forward-looking statements relating to, among other things, the future performance of eBay Inc. and its consolidated subsidiaries that are based on eBay's current expectations, forecasts and assumptions and involve risks and uncertainties. These statements include, but are not limited to, statements regarding the planned closing of and expected use of proceeds from the offering as described above. Actual results could differ materially from those expressed or implied and reported results should not be considered as an indication of future performance. Factors that could cause or contribute to such differences include, but are not limited to, market risks, trends and conditions; eBay's ability to satisfy the conditions to closing of the offering; and the other factors described under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in eBay's most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q, copies of which may be obtained by visiting the SEC's website at www.sec.gov. Undue reliance should not be placed on the forward-looking statements in this press release, which are based on information available to the company on the date hereof. The company assumes no obligation to update such statements.

Topic:Announcements