Verizon Prices €2.25 Billion Junior Subordinated Notes Offering
VZ sits 25% above its 52-week low of $38.39.
Summary
Verizon Communications Inc. announced the pricing of a €2.25 billion offering of fixed-to-fixed rate junior subordinated notes due 2056, intended for general corporate purposes including debt repayment.
Key Events · Financing and Capital Events · VZ
-
Prices €2.25 Billion Notes
Verizon priced €2.25 billion in 4.2462% Fixed-to-Fixed Rate Junior Subordinated Notes due 2056.
-
Use of Proceeds
Proceeds are designated for general corporate purposes, which may include the repayment of outstanding indebtedness.
-
Follows Major Acquisition
This financing follows the company's recent disclosure of a $22.3 billion acquisition of Frontier Communications in its 10-K filing yesterday.
Analysis · VZ · Technology
This significant debt offering provides Verizon with substantial capital, likely supporting its general corporate purposes and potentially contributing to the financing of the recently announced $22.3 billion acquisition of Frontier Communications detailed in yesterday's 10-K filing. The issuance of junior subordinated notes, while increasing leverage, is a common strategy for large corporations to manage their capital structure and fund strategic initiatives. The notes are priced at par with an initial interest rate of 4.2462%, reflecting current market conditions for long-term debt.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 30.2% of the 2009 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.11%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, VZ was trading at $48.10 on NYSE in the Technology sector, with a market capitalization of approximately $202.6B. The 52-week trading range was $38.39 to $50.24. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.