Verizon announces final results of its private exchange offers for 13 series of notes and related tender offers
Verizon Communications Inc. (VZ)
Last verizon communications inc. earnings: 4/24 07:30 am
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Source: GlobeNewswire
NEW YORK, June 21, 2018 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (“Verizon”) (NYSE:VZ) (NASDAQ:VZ) today announced the final results of its two previously announced related transactions to repurchase 13 series of its outstanding notes. Exchange Offers The first transaction consisted of 13 separate private offers to exchange (the “Exchange Offers”) any and all of the outstanding series of notes listed in the table below (collectively, the “Old Notes”) in exchange for Verizon’s new 4.329% notes due 2028 (the “New Notes”), on the terms and subject to the conditions set forth in the Offering Memorandum dated June 11, 2018 (the “Offering Memorandum”), the eligibility letter (the “Eligibility Letter”) and the accompanying exchange offer notice of guaranteed delivery (the “Exchange Offer Notice of Guaranteed Delivery” which, together with the Offering Memorandum and the Eligibility Letter, constitute the “Exchange Offer Documents”). The Exchange Offers expired at 5:00 p.m.
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