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Verizon | 424B2: Prospectus

SEC announcement ·  Feb 27 04:06
Summary by Futu AI
Verizon Communications Inc. has announced the preliminary pricing for its Senior Unsecured Notes under Rule 424(b)(2) with the filing number 333-267245. The offering, detailed in Preliminary Pricing Supplement No. 152 dated February 26, 2024, includes two sets of notes. The first, with a CUSIP number of 92346MMR9, has a fixed coupon rate of 4.900% and matures on March 15, 2031. The second, CUSIP number 92346MMS7, offers a fixed coupon rate of 5.300% and matures on March 15, 2054. Both sets of notes are callable at 100% starting March 15, 2025, with a 10-day notice period. The notes will be sold at a price of 100.00% with gross concessions of 1.450% and 3.150% respectively. The offering period is set from February 26, 2024, to March 4, 2024, with a trade date of March 4, 2024, and a settlement date of March 7, 2024. The notes will be...Show More
Verizon Communications Inc. has announced the preliminary pricing for its Senior Unsecured Notes under Rule 424(b)(2) with the filing number 333-267245. The offering, detailed in Preliminary Pricing Supplement No. 152 dated February 26, 2024, includes two sets of notes. The first, with a CUSIP number of 92346MMR9, has a fixed coupon rate of 4.900% and matures on March 15, 2031. The second, CUSIP number 92346MMS7, offers a fixed coupon rate of 5.300% and matures on March 15, 2054. Both sets of notes are callable at 100% starting March 15, 2025, with a 10-day notice period. The notes will be sold at a price of 100.00% with gross concessions of 1.450% and 3.150% respectively. The offering period is set from February 26, 2024, to March 4, 2024, with a trade date of March 4, 2024, and a settlement date of March 7, 2024. The notes will be available in minimum denominations of $1,000 and will be settled through DTC Book Entry only. InspereX is the joint lead manager and lead agent for the offering, with additional agents including BofA Securities, Citigroup, Morgan Stanley, RBC Capital Markets, and Wells Fargo Advisors. The Verizon InterNotes® will be represented by a Master Note in fully registered form, without coupons, and will be deposited with DTC or another depository as may be named later.

This announcement is a separate document:

Doc 1

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