V · 10-Q · 2026Q2 · Full report

Outstanding Indebtedness

VISA INC. · 2026-07-29 · Importance 64 · Surprise 42

Visa issued $3.0 billion of fixed-rate senior notes in February 2026 with maturities ranging from three to ten years. The company repaid $5.6 billion of senior-note principal at maturity during the nine months ended June 30, 2026. A further $1.5 billion senior-note repayment is due in April 2027, and Visa stated it has sufficient liquidity for that payment. Commercial paper outstanding was $1.5 billion at June 30, 2026 and $500 million as of July 28, 2026, while the authorized program limit was increased from $3.0 billion to $7.0 billion in July 2026.

Key facts

• In July 2026, Visa increased the authorized amount of outstanding commercial paper under the program from $3.0 billion to $7.0 billion.
• As of June 30, 2026, Visa had $1.5 billion of commercial paper outstanding.
• As of July 28, 2026, Visa had $500 million of commercial paper outstanding.