PayPal and Synchrony Complete Consumer Credit Receivables Sale

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PayPal (PYPL) Seen Using Proceeds from US Consumer Credit Sale to Fund Deals and Buybacks - RBC

July 3, 2018 12:58 PM EDT

RBC analyst Daniel Perlin weighed in on PayPal (NASDAQ: PYPL) closure of its US consumer credit portfolio to Synchrony Financial (NYSE: SYF), announced earlier.

Perlin said the transaction is already in their estimates but they expect... More