7/102 sources · 2 publishersUpdated Oct 29, 14:33 UTC
Verizon launches tender offers for up to $500 million of multiple note series
Verizon Communications announced on October 29, 2026 that it is offering to repurchase up to $500 million of its outstanding senior notes. The offers cover several series, including notes with coupons of 3.0% maturing in 2060, 3.7% maturing in 2061, 2.65% maturing in 2040 and 2.1% maturing in 2028. The company will allocate accepted notes using a waterfall method and will pay accrued interest plus the stated consideration. The tender offers remain open until November 4, 2026.
Why it matters
The company says the repurchase could improve its debt profile and may influence investor sentiment.
Key facts
- 1Verizon launched tender offers for up to $500 million of outstanding senior notes. seekingalpha.com
- 2The offers include notes with a 3.0% coupon due in 2060. seekingalpha.com
- 3The offers include notes with a 3.7% coupon due in 2061. seekingalpha.com
- 4The offers include notes with a 2.65% coupon due in 2040. seekingalpha.com
- 5The offers include notes with a 2.1% coupon due in 2028. seekingalpha.com
- 6Verizon will allocate accepted notes using a waterfall methodology. tradingview.com
Open questions
- Material 2 mentions additional series due in 2026 and 2030 that are not listed in material 1.
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.