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0 0 0.0025220680958386 0.0025220680958386 0.00162132949018188 -0.00248964150603503 -0.00234192037470731 -0.00135110790848501
Stock impact report

Verizon to redeem debt securities on June 29, 2020

Verizon Communications Inc. (VZ) 
Last verizon communications inc. earnings: 4/24 07:30 am Check Earnings Report
US:NYSE Investor Relations: verizon.com/about/investors
Company Research Source: GlobeNewswire
NEW YORK, May 29, 2020 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (“Verizon”) (NYSE, NASDAQ: VZ) today announced that it will redeem the following notes on June 29, 2020 (the “Redemption Date”): I.D. NumberTitle of SecurityPrincipal Amount OutstandingCUSIP: 92343V AX2ISIN: US92343VAX29Common Code: 0562987114.60% Notes, due April 1, 2021 (the “4.60% Notes”)$920,044,000CUSIP: 92343V DW1ISIN: US92343VDW19 Common Code: 1583059923.125% Notes, due March 16, 2022 (the “3.125% Notes”)$1,255,523,000 The redemption price for the 4.60% Notes will be equal to the greater of (i) 100% of the principal amount of the 4.60% Notes being redeemed, or (ii) the sum of the present values of the remaining scheduled payments of principal and interest on the 4.60% Notes being redeemed (exclusive of interest accrued to the Redemption Date), as the case may be, discounted to the Redemption Date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate (as def Show less Read more
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