Summary by Moomoo AI
Verizon Communications Inc. has successfully completed a pricing supplement under Rule 424(b)(2) with File No. 333-267245, as detailed in the document dated May 13, 2024. The offering, which was open from May 6 through May 13, 2024, included two tranches of Senior Unsecured Notes with CUSIP numbers 92346MND9 and 92346MNE7. The first tranche, amounting to $923,000, carries a fixed coupon rate of 5.000% and matures on May 15, 2029, with the first coupon payment scheduled for November 15, 2024. The second tranche, totaling $949,000, has a fixed coupon rate of 5.150% and a maturity date of May 15, 2034, with the same initial coupon payment date. Both notes are callable, with the first callable on May 15, 2025, and the second on May 15, 2026. The notes were sold at 100% of their principal amount, with net proceeds of $911,462.50 and $931,918.00, respectively, after accounting...Show More