Verizon Communications is a leading telecommunications company that provides a wide range of communication services, including voice, data, and video solutions to consumers, businesses, and government entities. The company operates a robust wireless network and offers broadband services, enabling customers to connect through mobile devices and the internet. Verizon is also involved in innovative technologies such as 5G, Internet of Things (IoT), and digital media solutions, positioning itself at the forefront of enhancing connectivity and digital experiences for its users. Additionally, the company focuses on providing enterprise solutions, helping businesses optimize their operations through advanced communication and technology services. Read More
NEW YORK, June 02, 2026 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (“Verizon”) (NYSE, Nasdaq: VZ) today announced that the early participation date has been extended until 5:00 p.m. (New York City time) on June 16, 2026 (the “Extended Early Participation Date”), with respect to its previously announced (i) offers to exchange (the “Exchange Offers”), on behalf of certain of its wholly-owned subsidiaries, any and all of the outstanding series of debt securities listed below (the “Old Notes”) for specified series of newly issued notes of Verizon (collectively, the “New Notes”) on the terms and subject to the conditions set forth in the Exchange Offer and Consent Solicitation Statement dated May 11, 2026 (the “Exchange Offer and Consent Solicitation Statement” and, together with the accompanying letter of transmittal (the “Letter of Transmittal”) and eligibility letter, the “Exchange Offer Documents”) and (ii) solicitations of consents (the “Consent Solicitations”), on behalf of such subsidiaries, to the proposed amendments to the indentures governing the Old Notes (the “Existing Indentures”) in order to, among other things, eliminate certain of the restrictive covenants and other provisions contained therein, on the terms and subject to the conditions set forth in the Exchange Offer Documents. Accordingly, the Extended Early Participation Date will occur at the same time the Exchange Offers and Consent Solicitations are scheduled to expire. Eligible Holders (as defined below) who validly tender their Old Notes at or prior to the Extended Early Participation Date and whose Old Notes are accepted by Verizon will be eligible to receive the Total Consideration (as defined in the Exchange Offer and Consent Solicitation Statement), which includes the Early Participation Payment (as defined in the Exchange Offer and Consent Solicitation Statement). The deadline to validly withdraw tenders (and validly revoke the related consents) of Old Notes was not modified by Verizon, and expired with respect to all series of Old Notes at 5:00 p.m. (New York City time) on June 1, 2026. Verizon today also announced the early participation results, as of 5:00 p.m. (New York City time) on June 1, 2026 (the “Original Early Participation Date”), of the Exchange Offers and Consent Solicitations.
NEW YORK, June 02, 2026 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (“Verizon”) (NYSE, Nasdaq: VZ) today announced that it amended the terms of its previously announced Tender Offers (as defined below) and Consent Solicitations (as defined below) to extend the early participation date until 5:00 p.m. (New York City time) on June 16, 2026 (the “Any and All Notes Extended Early Participation Date”), with respect to its previously announced 11 separate offers, on behalf of certain of its wholly-owned subsidiaries, to purchase for cash any and all of the debt securities listed in Table 1 below (the “Any and All Notes” and such offers, the “Any and All Tender Offers”) as well as solicit consents (the “Consent Solicitations”) to the proposed amendments to the indentures governing the Any and All Notes issued by such subsidiaries (the “Existing Indentures”) in order to, among other things, eliminate certain of the restrictive covenants and other provisions contained therein on the terms and subject to the conditions set forth in the Offer to Purchase and Consent Solicitation Statement dated May 11, 2026 (the “Offer to Purchase and Consent Solicitation Statement” and, together with the accompanying letter of transmittal, the “Offer Documents”). Accordingly, the Any and All Notes Extended Early Participation Date will occur at the same time the Any and All Tender Offers and Consent Solicitations are scheduled to expire. Holders of Any and All Notes who validly tender their Any and All Notes at or prior to the Any and All Notes Extended Early Participation Date and whose Any and All Notes are accepted by Verizon will be eligible to receive the Total Consideration (as defined in the Offer to Purchase and Consent Solicitation Statement), which includes the Early Participation Payment (as defined in the Offer to Purchase and Consent Solicitation Statement).
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