Friday, 27 March, 2026
Verizon Plans $10 Billion Bond Sale for Frontier Acquisition
By Isha
Verizon is reportedly seeking to raise approximately $10 billion in the corporate bond market to finance its $20 billion acquisition of Frontier, a fiber-optic internet provider. The total deal includes $9.6 billion for the company and absorbing $10 billion of its debt. The wireless carrier is aiming to close the deal early next year, following regulatory approval received in May.
Read full story at Economic Times