Verisign Announces Results of the Registered Exchange Offer for Its 4.750% Senior Notes Due 2027
September 19 2017 - 5:50PM
Business Wire
VeriSign Inc. (NASDAQ: VRSN) (“Verisign”) today announced the
final results of its offer to exchange all of its outstanding
4.750% Senior Notes due July 15, 2027 (the “Original Notes”), which
are not registered under the Securities Act of 1933, as amended
(the “Act”), for an equal principal amount of its 4.750% Senior
Notes due July 15, 2027, which have been registered under the Act
(the “Exchange Notes”). The exchange offer commenced on August 16,
2017 and expired at 5:00 p.m., New York City time, on September 19,
2017.
U.S. Bank National Association, acting as exchange agent for the
exchange offer, advised the Company that $549,984,000 aggregate
principal amount of the Original Notes have been validly tendered
for exchange, representing 99.997% of the principal amount of the
outstanding Original Notes. The Company accepted all of the
Original Notes validly tendered and not withdrawn.
This announcement does not constitute an offer to purchase any
securities or the solicitation of an offer to sell any securities.
The exchange offer was made only pursuant to the prospectus dated
August 16, 2017 and the related letter of transmittal and only to
such persons and in such jurisdictions as is permitted under
applicable law.
About Verisign
Verisign, a global leader in domain names and internet security,
enables internet navigation for many of the world’s most recognized
domain names and provides protection for websites and enterprises
around the world. Verisign ensures the security, stability and
resiliency of key internet infrastructure and services, including
the .com and .net domains and two of the internet’s root servers,
as well as performs the root zone maintainer function for the core
of the internet’s Domain Name System (DNS). Verisign’s Security
Services include Distributed Denial of Service Protection and
Managed DNS.
VRSNF
Statements in this announcement other than historical data and
information constitute forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 as amended and
Section 21E of the Securities Exchange Act of 1934 as amended.
These statements involve risks and uncertainties that could cause
our actual results to differ materially from those stated or
implied by such forward-looking statements. More information about
potential factors that could affect our business and financial
results is included in our filings with the SEC, including in our
Annual Report on Form 10-K for the year ended Dec. 31, 2016,
Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.
Verisign undertakes no obligation to update any of the
forward-looking statements after the date of this announcement.
©2017 VeriSign, Inc. All rights reserved. VERISIGN, the VERISIGN
logo, and other trademarks, service marks, and designs are
registered or unregistered trademarks of VeriSign, Inc. and its
subsidiaries in the United States and in foreign countries. All
other trademarks are property of their respective owners.
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version on businesswire.com: http://www.businesswire.com/news/home/20170919006670/en/
VeriSign, Inc.Investor Relations:David Atchley,
703-948-4643datchley@verisign.comorMedia Relations:Deana Alvy,
703-948-4179dalvy@verisign.com
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