Verizon announces tender offers for six series of debt securities

New york, nov. 07, 2024 (globe newswire) -- verizon communications inc. (“verizon”) (nyse, nasdaq: vz) today announced the commencement of six separate offers to purchase for cash up to $3.5 billion aggregate purchase price of the outstanding series of debt securities (each a “security” and collectively, the “securities”) listed in the table below, labeled “offers”. verizon refers to each offer to purchase a security for cash as an “offer” and all the offers to purchase the securities, collectively as the “offers.” the offers are made on the terms and subject to the conditions set forth in the offer to purchase dated november 7, 2024 (the “offer to purchase”). verizon has achieved significant debt reduction through proactive liability management since verizon's c-band purchase in 2021 and remains committed to reducing leverage over time.
VZ Ratings Summary
VZ Quant Ranking