Verizon Communications Inc. (VZ) is working on a plan to issue bonds backed by cellphone customer payments, Bloomberg News reported Wednesday, citing a person familiar with the matter.

Verizon has had talks with rating firms and potential investors, Bloomberg reported.

The bond sale could take place as early as June or July, the report said.

Full story at http://www.bloomberg.com/news/articles/2016-04-20/verizon-said-to-start-talks-for-bonds-backed-by-mobile-phones

Write to nymonitoring@dowjones.com

(END) Dow Jones Newswires

April 20, 2016 14:22 ET (18:22 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
Grafico Azioni Mcgraw Hill (NYSE:MHP)
Storico
Da Giu 2024 a Lug 2024 Clicca qui per i Grafici di Mcgraw Hill
Grafico Azioni Mcgraw Hill (NYSE:MHP)
Storico
Da Lug 2023 a Lug 2024 Clicca qui per i Grafici di Mcgraw Hill