Profitelligence Profitelligence · Filing Ledger Open VZ research →

Form 8-K · Current Report · Filed 2024-07-22

Verizon Launches Private Exchange Offers for Notes

Verizon Communications Inc. announced private exchange offers for 10 series of notes maturing from 2025 through 2028, offering new notes due 2035 in exchange. The exchange offers are subject to certain terms and conditions, including a $2.5 billion cap on the aggregate principal amount of new notes that Verizon will issue. The exchange offers are being made to eligible holders, defined as qualified institutional buyers or non-U.S. persons located outside of the United States.

Filer
Verizon Communications Inc. VZ · NYSE
Filed
Accession
0001193125-24-182250
CIK
0000732712
Signal
Low impactCommunication Services

Items reported

Item 8.01

Other Events

Corporate Update
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$41.62

Next session

-6.6%

Since filing

+12.5%

Latest close

$46.81

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from VZ reporting the same item, with the next session's move:

Exhibits (1)

About Verizon Communications Inc.

Verizon Communications Inc. is a leading telecommunications company that provides a wide array of communication services and products in the United States and globally. As a major player in the telecommunication industry, Verizon's primary function is to deliver wireless communications, broadband, and fiber optic services, aiming to keep people connected across various platforms. The company’s notable features include its extensive 5G and fiber optic network infrastructure, which significantly impacts sectors like technology, media, and consumer communications. It offers services to individual consumers, businesses, and government entities through various channels, including its retail stores and online platforms. Headquartered in New York City, Verizon is crucial in driving innovation in communication technologies and maintaining robust network solutions to meet growing data demands. Its influence extends beyond traditional telecommunication, also impacting emerging fields such as Internet of Things (IoT) and smart cities, helping to shape the future of connectivity.

Exchange NYSE Industry Telecom Services Company website ↗

Never miss another VZ filing

Profitelligence watches EDGAR around the clock and alerts you within seconds.

Set up free alerts