debt
confidence high
sentiment neutral
materiality 0.35
Verizon amends exchange offer terms, increases new note spread to 107 bps
VERIZON COMMUNICATIONS INC
- Spread increased from 100 bps to 107 bps over the 4.375% U.S. Treasury due May 15, 2034.
- All other terms unchanged, including Early Participation Payment and Early Participation Date of August 2, 2024.
- Exchange offers cover 10 outstanding series of notes; eligible holders must check intermediary deadlines.