secwatch.observer — SEC 8-K summary
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Issuer:     VERISIGN INC/CA (VRSN)
CIK:        0001014473
Form:       8-K
Filed at:   2025-03-11T23:59:59+00:00
Accession:  0001140361-25-008001
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VeriSign issues $500M of 5.250% Senior Notes due 2032 to refinance maturing debt
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- Offering of $500M aggregate principal of 5.250% Senior Notes due 2032.
- Net proceeds ~$493.3M after underwriter discounts and expenses.
- Proceeds, with cash on hand, will repay $500M of 5.250% notes maturing April 1, 2025.
- Underwriting agreement with J.P. Morgan, BofA Securities, and U.S. Bancorp Investments.
- Offering closed March 11, 2025; registered under Form S-3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1014473/000114036125008001/0001140361-25-008001-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1014473/000114036125008001/ny20044677x5_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-008001

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