Verizon Communications Inc. has successfully priced its offering of Senior Unsecured Notes under its Verizon InterNotes program, according to a Pricing Supplement filed under Rule 424(b)(2). The offering, which took place from August 19, 2024, to August 26, 2024, included two tranches of notes. The first tranche, with a CUSIP number of 92346MNT4, raised $1,323,000.00 at a selling price of 100%, featuring a fixed coupon rate of 4.400% and a maturity date of August 15, 2029. The second tranche, CUSIP number 92346MNU1, raised $688,000.00 at the same selling price, with a higher fixed coupon rate of 4.900% and a longer maturity date of August 15, 2036. Both tranches offer a semi-annual coupon frequency and include a survivor's option. The notes are callable at 100% with notice, starting on August 15, 2025, for the first tranche and...Show More

Verizon Communications Inc. has successfully priced its offering of Senior Unsecured Notes under its Verizon InterNotes program, according to a Pricing Supplement filed under Rule 424(b)(2). The offering, which took place from August 19, 2024, to August 26, 2024, included two tranches of notes. The first tranche, with a CUSIP number of 92346MNT4, raised $1,323,000.00 at a selling price of 100%, featuring a fixed coupon rate of 4.400% and a maturity date of August 15, 2029. The second tranche, CUSIP number 92346MNU1, raised $688,000.00 at the same selling price, with a higher fixed coupon rate of 4.900% and a longer maturity date of August 15, 2036. Both tranches offer a semi-annual coupon frequency and include a survivor's option. The notes are callable at 100% with notice, starting on August 15, 2025, for the first tranche and August 15, 2026, for the second. The trade date was set for August 26, 2024, with settlement on August 29, 2024. The notes were offered through a syndicate of agents led by InspereX and including major financial institutions such as BofA Securities, Citigroup, Morgan Stanley, RBC Capital Markets, and Wells Fargo Advisors. The notes will settle in T+3, and purchasers wishing to trade before delivery must arrange alternate settlement to avoid failed settlement. The notes are represented by a Master Note in fully registered form, to be deposited with DTC or another named depository.