Verizon announces accepted amounts and pricing terms for exchange offers

New york, aug. 05, 2024 (globe newswire) -- verizon communications inc. (“verizon”) (nyse, nasdaq: vz) today announced the accepted amounts as of the original early participation date (as defined in the early results press release (as defined below)) and pricing terms of its previously announced private offers to exchange the 10 outstanding series of notes listed in the first table below and maturing from 2025 through 2028 (collectively, the “old notes”), in each case, for newly issued notes of verizon due 2035 (the “new notes”) (the “exchange offers”), on the terms and subject to the conditions set forth in an offering memorandum dated july 22, 2024 (as amended by verizon's press release dated july 30, 2024, verizon's press release dated today, august 5, 2024, relating to the early results and extension of the early participation date of the exchange offers (the “early results press release”) and this press release, the “offering memorandum”). the offering memorandum and the accompanying eligibility letter for the exchange offers constitute the “exchange offer documents”.
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