Verizon said it announced on August 5, 2024 the early participation results of its private exchange offers for 10 series of outstanding notes maturing from 2025 through 2028, which exchange the old notes for newly issued notes due 2035.

1. 01

   Verizon said it announced on August 5, 2024 the early participation results of its private exchange offers for 10 series of outstanding notes maturing from 2025 through 2028, which exchange the old notes for newly issued notes due 2035.

2. 02

   The company said it extended the deadline for Eligible Holders to validly tender their Old Notes and receive the Total Exchange Price, including the Early Participation Payment, to August 19, 2024 at 5 p.m. (New York City time), which is the same time the Exchange Offers expire.

3. 03

   The company said the Old Notes validly tendered as of the Original Early Participation Date, August 2, 2024, were $656,658,000 of 2.100% notes due 2028, $494,810,000 of 4.329% notes due 2028 and $306,469,000 of 4.125% notes due 2027.

4. 04

   The company said it expects to settle Old Notes validly tendered at or before the original early participation date on August 9, 2024. It also explained that the New Notes will not be registered under the Securities Act of 1933 and that only Eligible Holders may participate.

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