Verizon closes $4B junior subordinated debt offering at 6.05%-6.20% rates

Filed May 14, 2026 · Period ending May 14, 2026 · ~1 min read

Key Changes

• medium

  Verizon raised $4 billion through two tranches of junior subordinated notes: $2B at 6.050% due 2058 and $2B at 6.200% due 2056. These notes rank below senior debt in payment priority.

  Item 1.01 view on EDGAR →
• medium

  The 30+ year maturities and fixed rates suggest Verizon is locking in long-term financing, likely for capital expenditures or refinancing existing debt.

  8-K: Debt Offering verify on EDGAR →
• medium

  Junior subordinated status means these notes carry higher risk than Verizon's senior debt, but the 6%+ rates reflect compensation for that subordination and the long duration.

  Item 9.01 verify on EDGAR →