Verizon Wireless Capital LLC on Tuesday launched its $4 billion two-part note sale, said IFR, a Thomson Reuters service.
The offering includes $1.25 billion in two-year floating-rate notes and is expected to have a coupon rate of 260 basis points over the three-month London Interbank Offered Rate.
It also includes $2.75 billion in two-year fixed-rate notes expected to yield 290 basis points over U.S. Treasuries.
The joint lead managers on the sale are Credit Suisse, Goldman Sachs and UBS
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