Verizon aims at record $49bn bond sale

GMT 14:14 2013 Wednesday ,11 September

Arab Today, arab today Verizon aims at record $49bn bond sale

Arab Today

Verizon plans a record $49 billion bond sale as it gathers financing to buy Vodafone's stake in their Verizon Wireless joint venture, a person familiar with the matter said Wednesday. The bond off ering, which had originally been scaled to $25 billion before being increased, "should price today, meaning the bonds will be priced and officially sold to investors," the person told AFP.

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