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Published on 10/25/2022 in the Prospect News Bank Loan Daily, Prospect News Green Finance Daily and Prospect News Investment Grade Daily.

Fitch rates Verizon notes A-

Fitch Ratings said it assigned an A- rating to Verizon Communications Inc.'s senior unsecured offering, consisting of €1.25 billion of 4.25% notes due 2030 and €1.25 billion of 4.75% notes due 2034.

The agency affirmed Verizon’s A- senior unsecured rating on June 23.

The proceeds will be used for general corporate purposes, which may include, depending on the market and other conditions, the repayment of outstanding short-term indebtedness.

The outlook is stable.


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