Verizon to redeem debt securities
Source: Nasdaq GlobeNewswire / 07 Feb 2019 21:09:05 Europe/London
NEW YORK, Feb. 07, 2019 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (“Verizon”) (NYSE, NASDAQ: VZ) today announced that it will redeem the following notes (the “Notes”) on March 11, 2019 (the “Redemption Date”):
Title of Note Principal Amount
to be Redeemed
92343V 302 5.90% Notes due 2054 $ 500,000,000 $ 500,000,000
The redemption price will be $25 per each $25 principal amount of Notes, plus accrued and unpaid interest to the Redemption Date. Interest on the Notes for the first quarter of 2019 will be paid on February 15, 2019 to each holder of record on February 1, 2019.
Questions relating to the notice of redemption and related materials should be directed to the paying agent: U.S. Bank National Association, Attn: Corporate Trust Services, 111 Fillmore Ave E, St. Paul, MN 55107, or via telephone at 1-800-934-6802.
Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York City, generated revenues of $130.9 billion in 2018. The company operates America’s most reliable wireless network and the nation’s premier all-fiber network, and delivers integrated solutions to businesses worldwide. With brands like Yahoo, TechCrunch and HuffPost, the company’s media group helps consumers stay informed and entertained, communicate and transact, while creating new ways for advertisers and partners to connect. Verizon’s corporate responsibility prioritizes the environmental, social and governance issues most relevant to its business and impact to society.
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