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Issuer:
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VeriSign, Inc.
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Security:
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5.100% Senior Notes due 2031
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Anticipated Ratings (Moody’s/S&P)*:
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Baa2 / BBB
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Principal Amount:
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$550,000,000
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Maturity Date:
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July 15, 2031
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Interest Rate:
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5.100%
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Interest Payment Dates:
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January 15 and July 15, commencing January 15, 2027
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Public Offering Price:
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99.961% of principal amount
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Yield to Maturity:
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5.108%
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Spread to Benchmark Treasury:
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+90 bps
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Benchmark Treasury:
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UST 4.125% due May 31, 2031
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Benchmark Treasury Price / Yield:
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99-20 ¼ / 4.208%
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Make-Whole Call:
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T+15 bps prior to June 15, 2031
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Par Call:
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On or after June 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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June 18, 2026
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Settlement Date:
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T+5; June 26, 2026
We expect that delivery of the notes will be made against
payment therefor on or about June 26, 2026, which is the fifth business day following the date of pricing of the notes (such settlement
cycle being referred to as “T+5”). Under Rule 15c6-1 under the Securities Exchange Act of 1934, as amended, trades in the secondary market
generally are required to settle in one business day unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade the notes prior to the business day immediately 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 AR3 / US92343EAR36
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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 from this offering, together with cash on hand, to fund the redemption of all of the outstanding 2027
Notes.
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