Verizon exchanges ~$2.2B of near-term notes for new 4.780% notes due 2035; extends early participation date to Aug 19

VERIZON COMMUNICATIONS INC

As of Aug 2, ~$2.23B aggregate principal of 10 note series validly tendered; all accepted with no proration.
New notes: 4.780% coupon, mature Feb 15, 2035; ~$2.165B to be issued on early settlement Aug 9.
Early participation date extended to Aug 19, 2024; withdrawal rights expired Aug 2.
Exchange covers notes maturing 2025-2028; reference yields and spreads set per series.
New notes offered under Rule 144A/Reg S, not registered under Securities Act; registration rights to be provided.

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