Verisign Announces Results of the Registered Exchange Offer for Its 5.25% Senior Notes Due 2025
VeriSign, Inc. ("Verisign") (NASDAQ: VRSN), today announced the final results of its offer to exchange all of its outstanding 5.25% Senior Notes due April 1, 2025 (the "Original Notes"), which are not registered under the Securities Act of 1933, as amended (the "Act"), for an equal principal amount of its 5.25% Senior Notes due April 1, 2025, which have been registered under the Act (the "Exchange Notes"). The exchange offer commenced on June 11, 2015 and expired at 11:59 p.m., New York City time, on July 10, 2015.
U.S. Bank National Association, acting as exchange agent for the exchange offer, advised the Company that $499,800,000 of the $500,000,000 aggregate principal amount of the Original Notes have been validly tendered for exchange, representing 99.96% 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 The Company accepted all of the Original Notes validly tendered and not withdrawn.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 June 11, 2015 and the related letter of transmittal and only to such persons and in such jurisdictions as is permitted under applicable law.
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 functions for the core of the Internet's Domain Name System (DNS). Verisign's Security Services include intelligence-driven Distributed Denial of Service Protection, iDefense Security Intelligence and Managed DNS. To learn more about what it means to be Powered by Verisign, please visit VerisignInc.com.
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 Verisign's actual results to differ materially from those stated or implied by such forward-looking statements. More information about potential factors that could affect Verisign's business and financial results is included in Verisign's filings with the SEC, including in Verisign's Annual Report on Form 10-K for the year ended Dec. 31, 2014, 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.
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