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Verizon | 424B2: Prospectus

SEC ·  Mar 19 02:10
Summary by Futu AI
Verizon Communications Inc. has successfully completed a pricing supplement under Rule 424(b)(2) with the issuance of two sets of Senior Unsecured Notes, as detailed in Pricing Supplement No. 154 dated March 18, 2024. The offering, which took place from March 11, 2024, through March 18, 2024, included a $224,000 principal amount with a 4.800% coupon rate maturing on March 15, 2031, and a $643,000 principal amount with a 5.300% coupon rate maturing on March 15, 2054. Both sets of notes have a semi-annual coupon frequency and are callable at 100% starting March 15, 2025. The notes were sold at a 100% selling price, with net proceeds of $220,752 for the first set and $622,745.50 for the second. The first coupon payment is scheduled for September 15, 2024. The trade date was set on March 18, 2024, with settlement occurring on March 21, 2024. The notes were offered through a syndicate of agents led by InspereX, with participation from BofA Securities, Citigroup, Morgan Stanley, RBC Capital Markets, and Wells Fargo Advisors.
Verizon Communications Inc. has successfully completed a pricing supplement under Rule 424(b)(2) with the issuance of two sets of Senior Unsecured Notes, as detailed in Pricing Supplement No. 154 dated March 18, 2024. The offering, which took place from March 11, 2024, through March 18, 2024, included a $224,000 principal amount with a 4.800% coupon rate maturing on March 15, 2031, and a $643,000 principal amount with a 5.300% coupon rate maturing on March 15, 2054. Both sets of notes have a semi-annual coupon frequency and are callable at 100% starting March 15, 2025. The notes were sold at a 100% selling price, with net proceeds of $220,752 for the first set and $622,745.50 for the second. The first coupon payment is scheduled for September 15, 2024. The trade date was set on March 18, 2024, with settlement occurring on March 21, 2024. The notes were offered through a syndicate of agents led by InspereX, with participation from BofA Securities, Citigroup, Morgan Stanley, RBC Capital Markets, and Wells Fargo Advisors.

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