RESTON, Va.--(BUSINESS WIRE)--
VeriSign Inc. (NASDAQ: VRSN) ("Verisign") today announced the final
results of its offer to exchange all of its outstanding 4.750% Senior
Notes due July 15, 2027 (the "Original Notes"), which are not registered
under the Securities Act of 1933, as amended (the "Act"), for an equal
principal amount of its 4.750% Senior Notes due July 15, 2027, which
have been registered under the Act (the "Exchange Notes"). The exchange
offer commenced on August 16, 2017 and expired at 5:00 p.m., New York
City time, on September 19, 2017.
U.S. Bank National Association, acting as exchange agent for the
exchange offer, advised the Company that $549,984,000 aggregate
principal amount of the Original Notes have been validly tendered for
exchange, representing 99.997% of the principal amount of the
outstanding Original Notes. The Company accepted all of the Original
Notes validly tendered and not withdrawn.
This announcement does not constitute an offer to purchase any
securities or the solicitation of an offer to sell any securities. The
exchange offer was made only pursuant to the prospectus dated August 16,
2017 and the related letter of transmittal and only to such persons and
in such jurisdictions as is permitted under applicable law.
Verisign, a global leader in domain names and internet security, enables
internet navigation for many of the world's most recognized domain names
and provides protection for websites and enterprises around the world.
Verisign ensures the security, stability and resiliency of key internet
infrastructure and services, including the .com and .net domains and two
of the internet's root servers, as well as performs the root zone
maintainer function for the core of the internet's Domain Name System
(DNS). Verisign's Security Services include Distributed Denial of
Service Protection and Managed DNS.
Statements in this announcement other than historical data and
information constitute forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 as amended and Section 21E of
the Securities Exchange Act of 1934 as amended. These statements involve
risks and uncertainties that could cause our actual results to differ
materially from those stated or implied by such forward-looking
statements. More information about potential factors that could affect
our business and financial results is included in our filings with the
SEC, including in our Annual Report on Form 10-K for the year ended Dec.
31, 2016, Quarterly Reports on Form 10-Q and Current Reports on Form
8-K. Verisign undertakes no obligation to update any of the
forward-looking statements after the date of this announcement.
©2017 VeriSign, Inc. All rights reserved. VERISIGN, the VERISIGN logo,
and other trademarks, service marks, and designs are registered or
unregistered trademarks of VeriSign, Inc. and its subsidiaries in the
United States and in foreign countries. All other trademarks are
property of their respective owners.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170919006670/en/
David Atchley, 703-948-4643
Deana Alvy, 703-948-4179
Source: VeriSign, Inc.
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