Bond Verizon Communications 4.75% ( US92346MCC38 ) in USD

Issuer Verizon Communications
Market price refresh price now   100.00 %  ▲ 
Country  United States
ISIN code  US92346MCC38 ( in USD )
Interest rate 4.75% per year ( payment 2 times a year)
Maturity 15/03/2048



Prospectus brochure in PDF format

Minimal amount 1 000 USD
Total amount 9 556 000 USD
Cusip 92346MCC3
Standard & Poor's ( S&P ) rating BBB+ ( Lower medium grade - Investment-grade )
Moody's rating Baa1 ( Lower medium grade - Investment-grade )
Next Coupon 15/09/2026 ( In 18 days )
Detailed description Verizon Communications is a leading American telecommunications conglomerate providing wireless and wireline services, including internet, television, and voice communication, operating across the United States and internationally.

This financial analysis details a specific long-term debt instrument, identified by ISIN US92346MCC38 and CUSIP 92346MCC3, issued by Verizon Communications, a leading global telecommunications conglomerate headquartered in the United States. As one of the largest wireless carriers in the U.S., Verizon provides a comprehensive suite of communication products and services, including wireless voice and data, broadband, and video, to a diverse customer base spanning consumers, businesses, and government entities, leveraging its extensive network infrastructure and significant market share to maintain a prominent position within the highly competitive telecommunications industry. This particular bond carries a fixed coupon interest rate of 4.75% and is denominated in U.S. Dollars (USD), with interest payments distributed to bondholders on a semi-annual basis, aligning with a payment frequency of two times per year. The instrument features a distant maturity date of March 15, 2048, positioning it as a long-duration asset potentially appealing to investors with a long-term investment horizon. Currently trading on the open market at 86.888% of its par value, this bond is available at a discount, which implies a yield to maturity higher than its nominal coupon rate for new acquisitions. The issuer's credit quality is affirmed by investment-grade ratings from major independent agencies, with Standard & Poor's assigning a 'BBB+' rating and Moody's providing a 'Baa1' rating, both signifying a moderate credit risk and the issuer's adequate capacity to meet its financial commitments. The total original issue size for this series of bonds amounted to $9,556,000, with individual investors able to acquire these securities in minimum increments of $1,000 face value.
DateClean price
19/05/202682.40%
27/02/202687.87%
26/12/202587.75%
30/10/202591.01%
04/09/202585.43%
10/07/202586.89%
03/05/202584.56%
19/02/202586.89%
07/01/202585.95%
05/11/202491.23%
24/10/202490.00%
04/09/202490.80%
07/08/2024100.00%
08/07/2024100.00%
04/09/2023100.00%