To be eligible to receive the Total Consideration (as defined below), which includes the Early Participation Payment (as defined below), holders of Securities (each, a "Holder" and collectively, "Holders") must validly tender, and not validly withdraw, their Securities at or prior to 5:00 p.m.(Eastern time) on November 21, 2024, unless extended or earlier terminated (such date and time with respect to an Offer, as the same may be extended with respect to such Offer, the "Early Participation Date").
The Offers are subject to the terms and conditions described in the Offer to Purchase, including, among other things, (i) the Acceptance Priority Procedures (as described below) and (ii) a $3.5 billion cap on the total cash Verizon pays to purchase the Securities validly tendered, excluding the applicable Accrued Coupon Payments (the "Waterfall Cap").
Securities tendered for purchase may be validly withdrawn at any time at or prior to 5:00 p.m.(Eastern time) on November 21, 2024 (such date and time with respect to an Offer, as the same may be extended with respect to such Offer, the "Withdrawal Date"), but not thereafter, unless extended by Verizon.
The story "Verizon announces tender offers for six series of debt securities" has 2519 words across 65 sentences, which will take approximately 11 - 21 minutes for the average person to read.
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The story "Verizon announces tender offers for six series of debt securities" was covered 6 days ago by Benzinga, a news publisher based in United States.
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