waltermasoni
Caribbean Trader
Fitch Rates Verizon's $1 Billion Green Note Offering 'A-'; Outlook Stable
05 FEB 2019 03:14 PM ET
Fitch Ratings - Chicago - 05 February 2019: Fitch Ratings has assigned an 'A-' rating to Verizon Communications Inc.'s $1 billion senior unsecured notes due 2029. Proceeds from the notes will be used in whole, or in part, to fund eligible green investments, including such categories as renewable energy, energy efficiency, green buildings, sustainable water management and biodiversity and conservation. Funds will be allocated to existing or future qualified investments and to the extent that funds are temporarily unallocated, the balance will be temporarily invested or otherwise maintained in cash, cash equivalents and/or U.S. treasury securities.
05 FEB 2019 03:14 PM ET
Fitch Ratings - Chicago - 05 February 2019: Fitch Ratings has assigned an 'A-' rating to Verizon Communications Inc.'s $1 billion senior unsecured notes due 2029. Proceeds from the notes will be used in whole, or in part, to fund eligible green investments, including such categories as renewable energy, energy efficiency, green buildings, sustainable water management and biodiversity and conservation. Funds will be allocated to existing or future qualified investments and to the extent that funds are temporarily unallocated, the balance will be temporarily invested or otherwise maintained in cash, cash equivalents and/or U.S. treasury securities.