Verizon raises $3.75B in bond sale maturing past 2050
What's the deal? VerizonDealroom has a profile for this one. Try Dealroom → issued $3.75 billion in international bonds on August 10, 2026, split across two tranches. The first, worth $2 billion, matures in 2059; the second, worth $1.75 billion, matures in 2057. Both were sold at par.
Who's involved? A large syndicate of bookrunners managed the placement, including BarclaysDealroom has a profile for this one. Try Dealroom →, BofA SecuritiesDealroom has a profile for this one. Try Dealroom →, Goldman SachsDealroom has a profile for this one. Try Dealroom →, Morgan StanleyDealroom has a profile for this one. Try Dealroom →, JP Morgan, Wells Fargo SecuritiesDealroom has a profile for this one. Try Dealroom →, and Mizuho Financial GroupDealroom has a profile for this one. Try Dealroom →, alongside more than a dozen others.
Why it stands out: The raise ranks in the 93rd percentile by size among all US hardware post-IPO debt rounds tracked, based on a sample of 233 deals. The long-dated maturities — more than three decades out — signal Verizon locking in funding into the 2050s.
The signal: Verizon's willingness to issue debt maturing past 2050, and investors' appetite to buy it at par, points to steady demand for long-term paper from established telecoms. For a capital-intensive sector, tapping the bond market at scale remains a core financing lever.
Read more: Cbonds
Image credit: Generated with Gemini
