Verizon issues its sixth $1 billion green bond

NEW YORK, Feb. 26, 2024 (GLOBE NEWSWIRE) -- On February 23, Verizon Communications Inc. ((NYSE, NASDAQ:VZ) settled its sixth green bond offering of $1 billion, with the net proceeds expected to be allocated entirely toward renewable energy investments to accelerate the transition to greener electrical grids across the U.S. This follows Verizon's announcement earlier this month that the company fully allocated the net proceeds of its fifth green bond to renewable energy investments. Verizon has now issued si ...