debt
confidence high
sentiment neutral
materiality 0.50
VeriSign prices $550M 5.100% senior notes due 2031, to redeem existing 4.750% notes due 2027
VERISIGN INC/CA
- $550M aggregate principal of 5.100% Senior Notes due 2031 priced.
- Net proceeds ~$545M after underwriting discounts and estimated expenses.
- Proceeds used to redeem $550M of outstanding 4.750% Senior Notes due 2027.
- Offering expected to close June 26, 2026; J.P. Morgan, BofA, U.S. Bancorp are underwriters.