Verizon launches tender offers for 20 note series, including USD 1.25 billion capped deal
Verizon Communications Inc.
Verizon Communications Inc. VZ | 0.00 |
- Verizon launched cash tender offers for 20 series of debt securities, including any-and-all offers for select Verizon and subsidiary debentures, notes.
- Offer also targets up to USD 1.25 billion aggregate purchase price of additional series under a waterfall structure, with acceptance based on priority levels.
- Early participation deadline set for June 1, 2026; offers expire June 16, 2026.
- Settlement expected third business day after expiration; pricing to be set June 2, 2026 based on Treasury reference yields plus fixed spreads.
- Consent solicitations tied to subsidiary Any and All Notes seek to strip certain restrictive covenants, with consents delivered only through tender.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Verizon Communications Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605110825PRIMZONEFULLFEED9717383) on May 11, 2026, and is solely responsible for the information contained therein.
