trending Market Intelligence /marketintelligence/en/news-insights/trending/Ody7fKhstwv_2RhErhvM1Q2 content esgSubNav
In This List

Verizon exchanging about $9B of debt

Blog

Q&A: Data That Delivers - Automating the Credit Risk Workflow

Blog

Can private clouds ever really compete with the public cloud?

Blog

Esports, short-form content engaging more fans across Asia

Blog

Gauging Supply Chain Risk In Volatile Times


Verizon exchanging about $9B of debt

Verizon Communications Inc. on May 26 filed a registration statement in connection with a debt exchange offer.

The company is offering to exchange up to $3.19 billion of its outstanding 2.946% notes due 2022, $1.71 billion of 4.812% notes due 2039 and $4.07 billion of 5.012% notes due 2049 for like principal amounts of virtually identical registered notes.

Verizon will not receive any cash proceeds from the exchange offer, the expiration date of which was not disclosed.