Verizon announces accepted amounts and pricing terms of its tender offers for 30 series of debt securities of verizon and certain of its subsidiaries

New york, march 07, 2022 (globe newswire) -- verizon communications inc. (“verizon”) (nyse, nasdaq: vz) today announced the accepted amounts and pricing terms of its previously announced 30 separate offers to purchase for its own account and on behalf of certain of its wholly-owned subsidiaries the outstanding series of debt securities listed in the table below (collectively, the “notes”) for a total cash amount sufficient to accept for purchase all notes tendered prior to the early participation date (approximately $5.5 billion) (the “waterfall cap”). we refer to each offer to purchase a series of notes for cash as an “offer” and, collectively, as the “offers.” the offers are made on the terms and subject to the conditions set forth in the offer to purchase dated february 16, 2022 (the “original offer to purchase”), as amended by supplement no. 1 to the original offer to purchase dated february 25, 2022 (the “supplement” and, together with the original offer to purchase, the “offer to purchase”) and the company's press release dated march 7, 2022 related to the waterfall cap for the offers.
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