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.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.