NEW YORK, Sept 9 (IFR) - Verizon Communications announced aSEC-registered multi-tranche bond on Monday that will financeits acquisition of Vodafone's 45% stake in Verizon Wireless.
The multi-tranche bond deal will consist of three-year fixedand floating notes, five-year fixed and floating notes and fourfixed rate tranches with seven-, 10-,20- and 30-year maturities.
Books close on Tuesday afternoon, with pricing expected onWednesday.
Barclays, BofA Merrill Lynch, JP Morgan and Morgan Stanleyare active bookrunners, while Citi, Credit Suisse, Mizuho,Mitsubishi UFJ, RBC, RBS and Wells Fargo are passivebookrunners.