Verizon stock accepts USD 663.976 million in debt tender

Published on 11/06/2026 at 16:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Verizon stock accepted notes across four series after raising its tender caps. Settlement is scheduled for November 9, subject to the offer terms.

Debt tender results reshape near-term focus

Verizon accepted notes across four series after increasing the applicable tender caps.
The company expects to settle the accepted notes on November 9, subject to the offer terms.
The transaction advances debt management without changing Verizon's operating outlook.

Verizon Communications, US92343V1044, Illustration mit AI erstellt.

Verizon Communications announced on November 5 that it had completed the expiration and results phase of five cash tender offers for outstanding notes. The company's investor news release said the offers expired at 5:00 p.m. New York City time on November 4.

Verizon increased the Waterfall Cap from USD 500 million to USD 500.039 million. It also raised the Sub Cap to accommodate all validly tendered notes at Acceptance Priority Level 1 and approximately USD 65 million of Level 2 notes. No Level 3 Sub Cap Notes were accepted.

Acceptance priorities shape the outcome

The company accepted all validly tendered notes at Acceptance Priority Level 4 and accepted Level 5 notes on a prorated basis. The total principal amount accepted was USD 663.976 million. The result covered four note series, while the 2040 notes received no allocation.

Verizon stock traded at 41.24 euros on Lang & Schwarz at 16:36 CET on Friday, November 6, 2026. Investors can follow the real-time quote of Verizon stock.

The accepted notes are scheduled to settle on November 9, 2026. Holders are due to receive the applicable cash consideration under the pricing terms, plus accrued and unpaid interest through, but excluding, the settlement date.