MasterCard Shops Rare Debt Deal As Share Buybacks Mount |
| March 26, 2014 | March 2014 Bond Updates |
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As it ramps up share-repurchase activity, historically debt-averse MasterCard is in the market with a benchmark offering of SEC-registered senior notes across five- and 10-year issues, sources said. Before today, the company had not maintained debt of more than $240 million on its balance sheet since 2001, including negligible amounts outstanding through last year, in the form of subsidiary short-term debt, filings show. |
| View more at: http://www.forbes.com/sites/spleverage/2014/03/26/mastercard-shops-rare-debt-deal-as-share-buybacks-mount/ |
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