 eBay Inc. Nasdaq: EBAY the Company announced today that it has commenced a cash tender offer the Offer for any and all of its outstanding 750 million aggregate principal amount 2.875 Notes due 2021 the Notes. The Company concurrently announced that it is soliciting consents together with the Offer, the Offer and Consent Solicitation from holders of the Notes to amend the Proposed Amendment the indenture governing the Notes the Indenture to shorten the minimum notice period required for optional redemption of the Notes by the Company from 30 calendar days to two calendar days the Consents. The Offer and the Consent Solicitation are being made in conjunction with, and are conditioned upon the consummation of a proposed debt financing on or prior to the Early Settlement Date as defined below on terms reasonably satisfactory to the Company that will generate net proceeds in an amount that, together with other available funds, is sufficient to finance the repurchase of the Notes validly tendered and accepted for purchase. 