Connect with us
Verizon Communications will sell $49 billion in bonds to partially fund the $130 billion buyout of Vodafone to reclaim sole ownership of Verizon Wireless.

archive

Verizon to Float $49-Billion Bond

Verizon Communications will sell $49 billion in bonds to partially fund the $130 billion buyout of Vodafone to reclaim sole ownership of Verizon Wireless.

Verizon to Float $49-Billion Bond (YahooFinance)

Verizon Communications will sell $49 billion in bonds to partially fund the $130 billion buyout of Vodafone to reclaim sole ownership of Verizon Wireless. This bond offering will dwarf the previous corporate debt offering record — the $17 billion-bond offered by Apple last April. The sale is expected to begin today. So far, Verizon already has received $90 worth of offers for its debt, which is scheduled to pay more interest than existing Verizon bonds. What does such a high level of over subscription say about investorsâ?? attitudes toward corporate debt today?

Newsletter Signup.

Sign up to the Human Events newsletter

Written By

Advertisement
Advertisement

TRENDING NOW:

Jessica Yaniv, Canada transgender waxing case Jessica Yaniv, Canada transgender waxing case

State-Enforced Sexual Assault.

CULTURE

Fox News to Air Fake Republican Group’s Pro-Mueller Ad.

U.S. POLITICS

The Left’s Weaponization of Journalism. 

U.S. POLITICS

How to Make Boris Work.

FOREIGN AFFAIRS

Connect
Newsletter Signup.

Sign up to the Human Events newsletter