Filed Pursuant to Rule 433
Registration Statement No. 333-256347
Issuer Free Writing Prospectus dated May 24, 2021
VeriSign, Inc.
$750,000,000
2.700% Senior Notes due 2031
May 24, 2021
This pricing term sheet relates only to VeriSign, Inc.’s offering of its 2.700% Senior Notes due 2031 and should be read together with the Preliminary Prospectus Supplement dated May 24, 2021 (the “Preliminary Prospectus Supplement”) and the
accompanying Prospectus dated May 21, 2021. Terms used and not defined herein have the meanings assigned in the Preliminary Prospectus Supplement.
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Issuer:
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VeriSign, Inc.
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Security:
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2.700% Senior Notes due 2031
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Anticipated Ratings (Moody’s/S&P)*:
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Baa3 / BBB
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Principal Amount:
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$750,000,000
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Maturity Date:
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June 15, 2031
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Interest Rate:
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2.700%
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Interest Payment Dates:
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June 15 and December 15, commencing December 15, 2021
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Public Offering Price:
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99.712% of principal amount
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Yield to Maturity:
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2.733%
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Spread to Benchmark Treasury:
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+112.5 bps
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Benchmark Treasury:
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UST 1.625% due May 15, 2031
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Make-Whole Call:
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T+20 bps prior to March 15, 2031
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Par Call:
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On or after March 15, 2031
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Change of Control Repurchase Event:
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Put @ 101% of principal plus accrued and unpaid interest
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Trade Date:
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May 24, 2021
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Settlement Date:
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T+10; June 8, 2021
We expect that delivery of the notes will be made against payment therefor on or about June 8, 2021, which is the tenth business day following the date of pricing of the notes (such settlement cycle being referred
to as “T+10”). Under Rule 15c6-1 under the Securities Exchange Act of 1934, as amended, trades in the secondary market generally are required to settle in two business days unless the parties to any such trade expressly agree otherwise.
Accordingly, purchasers who wish to trade the notes prior to two business days before settlement will be required to specify an alternative settlement cycle at the time of any such trade to prevent failed settlement and should consult their
own advisors.
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Denominations/Multiple:
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$2,000 x $1,000
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CUSIP / ISIN:
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92343E AM4 / US92343EAM49
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Joint Book-Running Managers:
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J.P. Morgan Securities LLC
BofA Securities, Inc.
U.S. Bancorp Investments, Inc.
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Use of Proceeds:
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The Issuer intends to use the net proceeds, together with cash on hand, to fund the redemption of all of its 2023 Notes.
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__________________
This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction to any person to whom it is unlawful to make
such offer or solicitation in such jurisdiction.
The issuer has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (the “SEC”) to which this communication relates. Before you invest in any offering, you should read the
prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about Verisign and the offering. You may get these documents for free by visiting EDGAR on the SEC web site at
www.sec.gov. Alternatively, the issuer or any underwriter participating in the offering will arrange to send you the prospectus if you request it by calling J.P. Morgan Securities LLC at (212) 834-4533, BofA Securities, Inc. at (800) 294-1322 or
U.S. Bancorp Investments, Inc. at (877) 558-2607.
*A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.