secwatch.observer — SEC 8-K summary
======================================

Issuer:     VERIZON COMMUNICATIONS INC (VZ)
CIK:        0000732712
Form:       8-K
Filed at:   2025-06-20T23:59:59+00:00
Accession:  0001193125-25-143513
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud

Verizon announces preliminary results of exchange and cash offers for 10 series of notes
--------------------------------------------------------------------------------

- Exchange offers expired June 18, 2025; Verizon will issue up to $2.5B in new 5.401% Notes due 2037 for old notes tendered.
- Cash offers expired same date; Verizon accepted tenders for cash with $2.5B maximum total consideration.
- Preliminary data: $316M of 4.125% Notes due 2027 and $722M of 4.329% Notes due 2028 tendered for exchange.
- Dealer managers include Barclays, Goldman Sachs, J.P. Morgan, RBC, and others; settlement expected June 25, 2025.
- Offers were only available to qualified institutional buyers and non-U.S. qualified offerees.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/732712/000119312525143513/0001193125-25-143513-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/732712/000119312525143513/d80997d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-143513

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer