Summary by Futu AI
Verizon Communications Inc. has successfully completed the offering of its Senior Unsecured Notes under the terms outlined in Pricing Supplement No. 160, as part of its Verizon InterNotes program. The offering, which took place from May 28, 2024, through June 3, 2024, included two tranches of notes. The first tranche, with a CUSIP Number of 92346MNH0, was offered at a principal amount of $106,000.00, featuring a fixed coupon rate of 5.000% and a maturity date of June 15, 2029. The second tranche, CUSIP Number 92346MNJ6, had a principal amount of $47,000.00, a fixed coupon rate of 5.100%, and a maturity date of June 15, 2034. Both tranches are callable, with the first callable on June 15, 2025, and the second on June 15, 2026. The notes were sold at 100% of their principal amount, with the first coupon payment scheduled...Show More