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Verizon offers 30-year fixed-rate green notes via four bookrunners
By William Gullotti
Buffalo, N.Y., Feb. 16 – Verizon Communications Inc. is planning to sell fixed-rate green notes due 2052, according to a 424B2 filed with the Securities and Exchange Commission.
The notes feature a make-whole call until six months prior to maturity and then a par call.
Loop Capital Markets LLC, BofA Securities, Inc., Samuel A. Ramirez & Co. Inc. and Siebert Williams Shank & Co. LLC are the joint bookrunning managers for the offering.
Proceeds will be used for financing or refinancing eligible green investments.
Verizon is a New York-based telecommunications company.
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