Verizon Plans Sale of Euro and Sterling Hybrid Bonds

Verizon Communications Inc. is preparing to issue euro and sterling denominated hybrid bonds on Wednesday. Bloomberg posted on X, highlighting the telecommunications giant's strategic move to tap into the European debt market. This decision comes as part of Verizon's broader financial strategy to diversify its funding sources and optimize its capital structure. The hybrid bonds, which combine elements of both debt and equity, are expected to attract significant interest from investors seeking stable returns amid fluctuating market conditions. Verizon's initiative reflects a growing trend among U.S. companies to explore international bond markets, leveraging favorable interest rates and investor appetite for diversified financial instruments. The issuance is anticipated to bolster Verizon's financial flexibility and support its ongoing operational and strategic objectives.