As you are probably aware of the US$29bn acquisition deal made by Block (previously known as Square), an American fintech company, to take over Afterpay, a successful Australian fintech, in 2021 - early 2022. Suppose that, to finance this buyout, Block/Square needed to raise funds via international bond sales. More specifically, it considered to issue Kangaroo bonds, and USD-denominated Eurobonds in different regions including Asia, Latin America, Europe.

Taking into account the recent macroeconomic environment, compare and contrast the benefits of each financing option. Which one do you think would be more beneficial for Block/Square?

Write about 250- 350 words