debt
confidence high
sentiment neutral
materiality 0.65
Visa issues $3.0B in senior notes across four tranches with maturities 2029-2036
VISA INC.
- Sold $900M of 3.800% notes due 2029, $750M of 4.100% notes due 2031, $700M of 4.400% notes due 2033, and $650M of 4.700% notes due 2036.
- Total offering of $3.0B; notes are unsecured obligations of Visa with standard event of default provisions.
- Interest payable semi-annually on Feb 12 and Aug 12, beginning Aug 12, 2026 for all tranches.
- Each tranche includes make-whole call provisions plus 5 or 10 bps spread before par call period.