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RESTON, VA--(Marketwired - August 17, 2015) - VeriSign, Inc. (NASDAQ: VRSN), a global leader in domain names and Internet security, announced that the upside trigger on its 3.25% junior subordinated convertible debentures due 2037 (CUSIP Nos. 92343EAD4 and 92343EAC6) (the "Notes") has been met for the six-month interest payment period from Aug. 15, 2015, to Feb. 14, 2016. As a result, contingent interest will be paid on the Notes for that six-month interest payment period. Contingent interest of approximately $6.5 million on the $1.25 billion outstanding principal amount of the Notes, or approximately $5.2356 per $1,000 principal amount of the Notes, will be paid on Feb. 15, 2016, to the holders of record as of Feb. 1, 2016. |
