VeriSign plans $400 million offering of 10-year senior notes

By Aleesia Forni

Virginia Beach, March 23 – VeriSign Inc. plans to sell $400 million of senior notes due 2025, according to a company news release.

The notes will be sold via Rule 144A and Regulation S.

Proceeds from the offering will be used for general corporate purposes, including the repurchase of shares under its share repurchase program.

VeriSign is an internet infrastructure services provider based in Reston, Va.

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