Verizon’s Debt Order Book Set To Surpass Apple At $49 Billion

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Mani
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Verizon Communications Inc. (NYSE:VZ) order book on multi-tranche bonds is set to touch $49 billion emphasizing demand for top quality debt instruments. Verizon Communications Inc. (NYSE:VZ)’s sale is set to surpass the $17 billion offering by Apple Inc. (NASDAQ:AAPL) in April, making it the biggest corporate-bond sale. Bonds to finance Vodafone deal As reported earlier, Verizon Communications Inc. (NYSE:VZ) confirmed on September 2 that it has reached a deal with Vodafone group to acquire Vodafone Group Plc’s 45 percent stake in Verizon for $130 billion. The deal includes 50 percent of the price paid in cash and the remaining 50 percent…

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports