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Verizon | 424B2: Prospectus

SEC announcement ·  Apr 1 14:27
Summary by Moomoo AI
Verizon Communications Inc. has successfully issued two sets of Senior Unsecured Notes under its Verizon InterNotes program, as detailed in its Pricing Supplement No. 156 filed under Rule 424(b)(2). The offering, which took place from March 25, 2024, to April 1, 2024, included a $954,000 principal amount note with a 4.950% fixed coupon rate, maturing on April 15, 2034, and a $121,000 principal amount note with a 5.250% fixed coupon rate, maturing on April 15, 2054. Both notes offer semi-annual coupon payments and feature a survivor's option. They are callable at 100% starting from April 15, 2026. The notes were sold at a 100% selling price, with the net proceeds amounting to $936,828 for the first note and $117,188.50 for the second. The trade date was set for April 1, 2024, with settlement on April 4, 2024. InspereX served as the Joint Lead Manager and Lead Agent, with additional agents including BofA Securities, Citigroup, Morgan Stanley, RBC Capital Markets, and Wells Fargo Advisors. The notes will be represented by a Master Note in fully registered form and will be deposited with DTC or another depository as may be named later.
Verizon Communications Inc. has successfully issued two sets of Senior Unsecured Notes under its Verizon InterNotes program, as detailed in its Pricing Supplement No. 156 filed under Rule 424(b)(2). The offering, which took place from March 25, 2024, to April 1, 2024, included a $954,000 principal amount note with a 4.950% fixed coupon rate, maturing on April 15, 2034, and a $121,000 principal amount note with a 5.250% fixed coupon rate, maturing on April 15, 2054. Both notes offer semi-annual coupon payments and feature a survivor's option. They are callable at 100% starting from April 15, 2026. The notes were sold at a 100% selling price, with the net proceeds amounting to $936,828 for the first note and $117,188.50 for the second. The trade date was set for April 1, 2024, with settlement on April 4, 2024. InspereX served as the Joint Lead Manager and Lead Agent, with additional agents including BofA Securities, Citigroup, Morgan Stanley, RBC Capital Markets, and Wells Fargo Advisors. The notes will be represented by a Master Note in fully registered form and will be deposited with DTC or another depository as may be named later.
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