Verizon to grab $20bn or more in dollars, then head for Europe
Verizon Communications is expected to launch around $20bn of dollar bonds as early as next Wednesday, as the first stage in financing its $130bn acquisition of Vodafone’s 45% stake in Verizon Wireless.
Verizon will hold roadshows in the US next Monday and Tuesday and could tap the market on September 11 for the biggest deal in corporate bond history, surpassing the $17bn raised by Apple in May.“The company is expected to access every component of the market, fixed and ...
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