Redemption of 4.95% notes due 2047 and termination of listing on the Taipei Exchange
10 Janeiro 2020 - 6:00AM
Verizon Communications Inc. (NYSE, NASDAQ: VZ) today announced that
it will redeem all of the outstanding 4.95% notes due February 11,
2047 (the “Notes”) in accordance with the terms and conditions of
the Notes and the related indenture and delist the Notes from the
Taipei Exchange on February 11, 2020 (the “Redemption Date”) and
that it has caused notice of redemption to be given to each holder
of the Notes in accordance with the terms and conditions of the
Notes and the related indenture. The details of the Notes are as
follows:
- Bond Code: F03603
- Bond Short Name: P17VZ1
- ISIN: XS1558510829
- Common Code: 155851082
- FIGI: BBG00FVV9860
- Initial Notional Amount: USD1,475,000,000
- Bond Name: Verizon Communications Inc. $1,475,000,000 4.95%
Notes due 2047
- Date of Call/Delisting: February 11, 2020
- Call Price: 100% of the principal amount of the Notes being
redeemed plus accrued and unpaid interest to the Redemption
Date
Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on
June 30, 2000 and is celebrating its 20th year as one of the
world’s leading providers of communications, information and
entertainment products and services. Headquartered in New York City
and with a presence around the world, Verizon generated
revenues of $130.9 billion in 2018. The
company offers voice, data and video services and solutions on
its award winning networks and
platforms, delivering on customers’ demand for
mobility, reliable network connectivity, security and
control.
Cautionary Statement Regarding
Forward-Looking Statements
In this communication we have made forward-looking statements.
These forward-looking statements are not historical facts, but only
predictions and generally can be identified by use of statements
that include phrases such as “will,” “may,” “should,” “continue,”
“anticipate,” “believe,” “expect,” “plan,” “appear,” “project,”
“estimate,” “intend,” or other words or phrases of similar import.
Similarly, statements that describe our objectives, plans or goals
also are forward-looking statements. These forward-looking
statements are subject to risks and uncertainties which could cause
actual results to differ materially from those currently
anticipated. Factors that could materially affect these
forward-looking statements can be found in our periodic reports
filed with the SEC. Eligible holders are urged to consider these
factors carefully in evaluating the forward-looking statements and
are cautioned not to place undue reliance on these forward-looking
statements. The forward-looking statements included in this press
release are made only as of the date of this press release, and we
undertake no obligation to update publicly these forward-looking
statements to reflect new information, future events or otherwise.
In light of these risks, uncertainties and assumptions, the
forward-looking events might or might not occur. We cannot assure
you that projected results or events will be achieved.
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The Taipei Exchange is not responsible for any of the content
disclosed in this public source, and makes no representation on the
accuracy or completeness of such information. The Taipei Exchange
expressly disclaims any and all liability for any losses arising
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of this information.
Media contact: Eric
Wilkens908-559-3063eric.wilkens@verizon.com
Verizon Communications (NYSE:VZ)
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