Verizon announces tender offers for 15 series of notes
Verizon Communications Inc. (VZ)
Last verizon communications inc. earnings: 4/24 07:30 am
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Source: GlobeNewswire
NEW YORK, Oct. 26, 2021 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (“Verizon”) (NYSE, NASDAQ: VZ) today announced the commencement of 15 separate offers to purchase the outstanding series of notes listed in the table below (collectively, the “Notes”) for a total cash amount of up to $4.0 billion. 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 October 26, 2021 (the “Offer to Purchase”). The Offers will each expire at 5:00 p.m. (Eastern time) on November 24, 2021, unless extended or earlier terminated by Verizon (such date and time with respect to an Offer, as the same may be extended with respect to such Offer, the “Expiration Date”). To be eligible to receive the Total Consideration (as defined below), which includes the Early Participation Payment (as defined below), holders of Notes (each, a “Holder” and collec
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