Santander Corporate & Investment Banking acted as Active Bookrunner on Verizon Communications’ inaugural USD junior subordinated notes offering, a transaction valued at $4 billion.

The issuance will allow Verizon to optimize its capital structure while reinforcing its commitment to maintaining strong Investment Grade credit ratings.

Santander CIB expressed its pride in supporting Verizon on this strategic transaction, considered a landmark deal within the capital markets, and congratulated the company’s team on the successful outcome of the offering.

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