Verizon (NYSE: VZ) has long used debt to finance growth, but in the last year, it's become apparent that the cost of its debt is going up significantly. In this video, Travis Hoium covers how much of Verizon's debt needs to be refinanced and how much is variable debt, giving investors an idea of the scale of the financial challenge Verizon faces.
*Stock prices used were end-of-day prices of Oct. 11, 2023. The video was published on Oct. 13, 2023.
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Travis Hoium has positions in Verizon Communications. The Motley Fool recommends Verizon Communications. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
