Verizon closes €2.25 billion and £1 billion junior subordinated notes sales due 2056
Verizon closed two debt sales on November 10, 2025: €2,250,000,000 of 3.9962% junior subordinated notes and £1,000,000,000 of 5.7420% junior subordinated notes, both due 2056. The notes were sold under an existing shelf registration statement, and the filing adds the note forms as exhibits to that registration. The filing does not state how the proceeds will be used, and it does not report any change to earnings or guidance.
Key points
- Euro notes: €2,250,000,000 principal, 3.9962% fixed-to-fixed rate, due 2056
- Sterling notes: £1,000,000,000 principal, 5.7420% fixed-to-fixed rate, due 2056
- Sold under a Form S-3 shelf registration statement that became effective on August 29, 2025
- Purchasers included BNP Paribas, Merrill Lynch International and Goldman Sachs & Co. LLC
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:16 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 10, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.