Workflow
Verizon completes final allocation of its fifth $1 billion green bond
VerizonVerizon(US:VZ) Newsfilter·2024-02-20 01:06

NEW YORK, Feb. 19, 2024 (GLOBE NEWSWIRE) -- Today, Verizon Communications Inc. ((NYSE, NASDAQ:VZ) issued its Green Bond Impact Report, outlining the full allocation of the nearly 1billionofnetproceedsfromitsfifthgreenbond,whichwasissuedinMay2023.InFebruary2019,VerizonbecamethefirstU.S.telecomcompanytoissueagreenbondandremainsaleaderintheindustrywiththeallocationoffivegreenbonds."The1 billion of net proceeds from its fifth green bond, which was issued in May 2023. In February 2019, Verizon became the first U.S. telecom company to issue a green bond and remains a leader in the industry with the allocation of five green bonds. "The 5 billion of green bonds that we have issued to date are instrumental to our e ...