Verizon in A$1.25 Billion Offering

November 4, 2019

Cleary Gottlieb is representing longtime client Verizon Communications Inc. (Verizon) in its A$1.25 billion offering.

Verizon issued A$450 million of 2.1% fixed-rate notes due 2026, A$300 million of 2.65% fixed-rate notes due 2030, and $500 million of 3.5% fixed-rate notes due 2039.

The offering priced on November 4, 2019, and is expected to close on November 6, 2019.

Deutsche Bank, Mizuho, RBC, and TD Bank are the joint lead managers.