---
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"
generated_at: "2026-05-19T11:47:14.495558+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Verizon launches $2.5B exchange and cash tender offers for 10 note series

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-139691
- JSON: https://secwatch.observer/filing/0001193125-25-139691.json
- Plain text: https://secwatch.observer/filing/0001193125-25-139691.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.