Verizon announces expiration and final results of its private exchange offers for 10 series of notes

New york, aug. 20, 2024 (globe newswire) -- verizon communications inc. (“verizon”) (nyse, nasdaq: vz) today announced the expiration and final results of its previously announced offers to exchange any and all of the outstanding series of notes listed in the table below (collectively, the “old notes”) 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 relating to the amendment of the terms of the exchange offers, verizon's press release dated august 5, 2024, relating to the early results and extension of the early participation deadline of the exchange offers (the “early results press release”) and verizon's press release dated august 5, 2024, relating to the pricing of the exchange offers (the “pricing 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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