NasdaqGS:VRSNIT
VeriSign (VRSN) Following Its New Bond Issue Faces A Pricey Fair Value Debate
VeriSign’s New Bond Issue Puts Capital Structure in Focus
VeriSign (VRSN) has completed a fixed income offering of 5.100% notes due July 15, 2031, issuing about $550 million of callable, senior, subordinated and unsecured debt, a move that reshapes its funding mix.
See our latest analysis for VeriSign.
Despite the new bond issue putting VeriSign’s balance sheet in the spotlight, the stock’s recent pattern has been mixed. The 1-day share price return is 1.90%, but the 30-day share price return...