debt
confidence high
sentiment neutral
materiality 0.50
VeriSign issues $500M of 5.250% Senior Notes due 2032
VERISIGN INC/CA
- $500M aggregate principal amount of 5.250% Senior Notes due June 1, 2032.
- Interest payable semi-annually on June 1 and December 1, starting June 1, 2025.
- Notes are senior unsecured obligations, ranking equally with other senior debt.
- Change of control repurchase at 101% of principal plus accrued interest.
- Redemption options: make-whole prior to April 1, 2032; thereafter at 100% of principal.