Verizon’s Record Bond Sale

Verizon sold a staggering $49 billion worth of debtor bonds on Wednesday, and plans to use the proceeds to help finance its purchase of Vodaphone’s 45 percent stake in their Verizon Wireless joint venture. David Faber talks to NBR about the massive size of the sale, and why this bond deal is so important.

(Read More: Mad Dash to Debt as Rate Window Starts to Close)

(Watch: Opportunities in Bonds)

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