VeriSign announced the completion of a registered public offering of $550 million in aggregate principal amount of its 5.100% Senior Notes, which are set to mature in 2031. These notes represent senior unsecured obligations of the company.
Key Details
- Offering Details: The offering, completed on June 26, 2026, consists of $550 million principal amount of 5.100% Senior Notes maturing on July 15, 2031.
- Interest & Payment: The Notes will accrue interest at a rate of 5.100% per year, payable semi-annually on January 15 and July 15, with the first payment scheduled for January 15, 2027.
- Redemption & Repurchase: The company may redeem the notes prior to June 15, 2031, at a "make-whole" premium, and at 100% of the principal amount on or after that date. A change of control event requires an offer to repurchase the notes at 101% of their principal amount.