payment service provider Block announced its latest update, stating that it will price $1.2 billion principal notes (referred to as "2030 Notes") and $1 billion principal notes (referred to as "2033 Notes," collectively with the 2030 Notes, the "Notes") to qualified institutional buyers believed to be in compliance with Section 144A of the Securities Act of 1933, as amended ("the Act"), and to non-U.S. persons outside the United States under Regulation S under the Act. The total principal amount of this issuance exceeds the previously announced $1.5 billion issuance size.
