Verizon Raises $4 Billion Through Long-Dated Junior Subordinated Notes Offering

Key Facts

Verizon Communications Inc. has completed a debt offering of $4 billion in long-dated junior subordinated notes. The offering is split into two tranches: $2 billion of 6.050% notes due in 2058 and $2 billion of 6.200% notes due in 2056.

This issuance aligns with broader industry trends where major telecom peers, such as AT&T, have focused on aggressive debt management and liquidity optimization in recent earnings cycles. Per market data, the yields offered by Verizon are consistent with current investment-grade expectations for long-duration subordinated paper in the telecommunications sector.

Shares of VZ stood at $46.37 (close May 14, 2026) as the market evaluates the impact of these financing costs on long-term cash flows. Investors are now looking toward upcoming catalysts in the economic calendar, specifically speeches from Fed officials Waller and Bowman, which may provide clarity on the interest rate environment affecting corporate borrowing costs.