{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-139691","form_type":"8-K","ticker":"VZ","cik":"0000732712","company_name":"VERIZON COMMUNICATIONS INC","filed_at":"2025-06-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.129185+00:00","generated_at":"2026-05-19T11:47:14.495558+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Verizon launches $2.5B exchange and cash tender offers for 10 note series","bullets":["Private exchange offers for 10 series of old notes (total outstanding ~$17.4B) in exchange for new notes maturing July 2, 2037.","Exchange offers capped at $2.5B aggregate principal of new notes; minimum issuance condition of $750M.","Cash tender offers for same 10 series for holders ineligible for exchange; floating rate notes total consideration $1,006/$1,000.","Offers expire June 18, 2025 at 5pm ET; settlement expected June 25, 2025.","New notes interest rate = yield of 4.25% UST due May 2035 + 105 basis points."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-139691","json":"https://secwatch.observer/filing/0001193125-25-139691.json","markdown":"https://secwatch.observer/filing/0001193125-25-139691.md","text":"https://secwatch.observer/filing/0001193125-25-139691.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/732712/000119312525139691/0001193125-25-139691-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/732712/000119312525139691/d903572d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T11:47:14.495558+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}