Loan & DebtJun 2, 2026, 02:04 PM
Verizon Prices Debt Tender Offers for Multiple Subsidiaries
AI Summary
Verizon Communications Inc. announced the pricing terms for its previously announced cash tender offers for its own debt securities and those of certain subsidiaries. The offers include 'Any and All Notes' and 'Waterfall Notes'. Withdrawal rights expired on June 1, 2026, with an extended early participation date for 'Any and All Notes' set for June 16, 2026. The company has provided detailed pricing information, including offer yields and total consideration for various debt series.
Key Highlights
- Verizon priced 20 separate debt tender offers, including 'Any and All Notes' and 'Waterfall Notes'.
- Pricing terms announced for offers to purchase debt securities for cash.
- Withdrawal rights for tender offers expired on June 1, 2026.
- Extended early participation date for 'Any and All Notes' is June 16, 2026.
- Specific debt series from Frontier Florida LLC, Frontier North Inc., Alltel Corporation, and various Verizon subsidiaries are included.
- Offer yields range from 4.041% to 4.794%, with total considerations varying by series.
Price Impact
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