The company said on March 4, 2025 it entered into an underwriting agreement with J.P. Morgan Securities LLC, BofA Securities, Inc. and U.S. Bancorp Investments, Inc. for a registered public offering of $500 million 5.250% Senior Notes due 2032.

1. 01

   The company said on March 4, 2025 it entered into an underwriting agreement with J.P. Morgan Securities LLC, BofA Securities, Inc. and U.S. Bancorp Investments, Inc. for a registered public offering of $500 million 5.250% Senior Notes due 2032.

2. 02

   VeriSign said it expects net proceeds from the offering of about $493.3 million, after deducting underwriters' discounts and estimated offering expenses.

3. 03

   The company said it plans to use the net proceeds, together with cash on hand, to repay $500 million of its 5.250% Senior Notes due 2025 at maturity on April 1, 2025.

4. 04

   The company said the offering is registered under Form S-3 registration statement (Registration No. 333-285483) and is expected to close on March 11, 2025. It said the Second Supplemental Indenture, with U.S. Bank Trust Company, National Association as trustee, is expected to be dated March 11, 2025.

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Original filing

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