Verizon Communications 8-K

Summary

Verizon extended the early participation date for its private exchange offers and consent solicitations covering 11 note series, and reported early tender results. Eligible holders may tender through 6/16/2026 at 5:00 p.m. ET; the withdrawal deadline passed 6/1/2026. Verizon also announced amendments and early results for separate cash tender offers, without detailing those results here.

Key Figures

• 2028 notes: Frontier Florida 6.860%, $2.72M tendered (0.96% outstanding); Frontier North 6.730%, $8.36M (4.18%).
• 2029 notes: Alltel 6.800%, $0.60M (1.57%); Verizon Virginia 8.375%, $3.60M (39.98%); Verizon Maryland 8.000%, $4.88M (24.40%); Verizon New Jersey 7.850%, $10.2M (22.75%); Verizon New England 7.875%, $69.2M (52.03%).
• 2031 notes: Verizon Maryland 8.300%, $4.12M (19.49%); Verizon Delaware 8.625%, $2.05M (85.89%).
• 2032 Alltel 7.875% senior notes: $32.0M tendered (57.35% outstanding).
• 2033 Verizon Maryland 5.125% notes: $19.5M tendered (14.05% outstanding).
• New notes, if issued, will have the same economic terms as the corresponding old notes. Settlement is expected 6/22/2026, subject to the offers’ conditions; the exchange offers and the separate cash tender offers are not contingent on one another.

Investor Takeaways

• Watch participation through the 6/16/2026 expiration and whether Verizon completes settlement, expected 6/22/2026.