Verizon announces early results for tender offers for six series of debt securities and extension of early participation date

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Verizon announces early results for tender offers for six series of debt securities and extension of early participation date - Benzinga

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NEW YORK, Nov.22, 2024 (GLOBE NEWSWIRE) -- Verizon Communications Inc.("Verizon") ((NYSE, NASDAQ:VZ) today announced, in connection with Verizon's previously announced Offers (as defined below) to purchase its outstanding Securities (as defined below) on the terms and subject to the conditions set forth in the offer to purchase dated November 7, 2024 (the "Offer to Purchase"): (1) the early participation results for the Offers as of 5:00 p.m.(Eastern time) on November 21, 2024 (the "Original Early Participation Date") and (2) that, with respect to the Offers, the date and time by which Holders (as defined below) must validly tender their Securities to receive the applicable Total Consideration (as defined in the Offer to Purchase) and Accrued Coupon Payment (as defined below), has been extended to 5:00 p.m.(Eastern time) on December 9, 2024 (such date and time with respect to an Offer, the "Extended Early Participation Date").

Verizon was advised by Global Bondholder Services Corporation, as the tender agent, that as of the Original Early Participation Date, the aggregate principal amounts of the Securities specified in the table below were validly tendered and not validly withdrawn: Acceptance Priority Level