Verizon Communications Inc. Files 8-K on Debt Notes
Ticker: VZ · Form: 8-K · Filed: 2024-03-06T00:00:00.000Z
Sentiment: neutral
Topics: debt, notes, disclosure
Related Tickers: VZ
TL;DR
Verizon dropped an 8-K detailing its various notes due dates and rates - check your holdings!
AI Summary
On February 29, 2024, Verizon Communications Inc. filed an 8-K to disclose information regarding its outstanding notes. The filing lists various series of notes with different maturity dates and coupon rates, such as the 4.073% Notes due 2024 and the 0.875% Notes due 2025, indicating ongoing debt management activities.
Why It Matters
This filing provides insight into Verizon's current debt structure and maturity profile, which is crucial for investors assessing the company's financial health and leverage.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of debt instruments and does not indicate any new or unusual risks for the company.
Key Numbers
- 4.073% — Notes Due 2024 (Interest rate on a specific debt issuance maturing in 2024.)
- 0.875% — Notes Due 2025 (Interest rate on a specific debt issuance maturing in 2025.)
- 2024 — Maturity Year (Indicates a debt maturity within the current year.)
- 2025 — Maturity Year (Indicates a debt maturity within the next year.)
- 2026 — Maturity Year (Indicates multiple debt maturities in 2026.)
Key Players & Entities
- VERIZON COMMUNICATIONS INC (company) — Filer
- 0000732712 (company) — Central Index Key
- 20240229 (date) — Report Date
- 4.073% (dollar_amount) — Coupon Rate for Notes Due 2024
- 0.875% (dollar_amount) — Coupon Rate for Notes Due 2025
FAQ
What is the total principal amount of the notes disclosed in this filing?
The filing does not explicitly state the total principal amount of all notes, but lists various series with their respective coupon rates and maturity dates.
What is the purpose of filing this 8-K on February 29, 2024?
The purpose is to provide information regarding Verizon Communications Inc.'s outstanding notes, as indicated by the 'Regulation FD Disclosure' item information.
Are there any new debt issuances mentioned in this filing?
The filing lists existing notes with specific coupon rates and maturity dates, but does not explicitly mention any new debt issuances.
What is the significance of the different coupon rates listed for the notes?
The different coupon rates reflect varying interest costs for Verizon's debt, influenced by market conditions at the time of issuance and the respective maturity dates.
Does this filing indicate any changes in Verizon's debt obligations?
This filing primarily serves as a disclosure of existing debt instruments and their terms, rather than indicating new changes or obligations.
From the Filing
0000732712-24-000015.txt : 20240306 0000732712-24-000015.hdr.sgml : 20240306 20240306170037 ACCESSION NUMBER: 0000732712-24-000015 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20240229 ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20240306 DATE AS OF CHANGE: 20240306 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VERIZON COMMUNICATIONS INC CENTRAL INDEX KEY: 0000732712 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] ORGANIZATION NAME: 06 Technology IRS NUMBER: 232259884 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08606 FILM NUMBER: 24726813 BUSINESS ADDRESS: STREET 1: 1095 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 212-395-1000 MAIL ADDRESS: STREET 1: 1095 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10036 FORMER COMPANY: FORMER CONFORMED NAME: BELL ATLANTIC CORP DATE OF NAME CHANGE: 19920703 8-K 1 vz-20240229.htm 8-K vz-20240229 2/29/2024 0000732712 false 0000732712 2024-02-29 2024-02-29 0000732712 exch:XNYM us-gaap:CommonStockMember 2024-02-29 2024-02-29 0000732712 exch:XNGS us-gaap:CommonStockMember 2024-02-29 2024-02-29 0000732712 vz:A4.073NotesDue2024Member 2024-02-29 2024-02-29 0000732712 vz:A0.875NotesDue2025Member 2024-02-29 2024-02-29 0000732712 vz:A3.250NotesDue2026Member 2024-02-29 2024-02-29 0000732712 vz:A1.375NotesDue2026Member 2024-02-29 2024-02-29 0000732712 vz:A0.875NotesDue2027Member 2024-02-29 2024-02-29 0000732712 vz:A1.375NotesDue2028Member 2024-02-29 2024-02-29 0000732712 vz:A1125NotesDue2028Member 2024-02-29 2024-02-29 0000732712 vz:A2350FixedRateNotesDue2028Member 2024-02-29 2024-02-29 0000732712 vz:A1.875NotesDue2029Member 2024-02-29 2024-02-29 0000732712 vz:A0375NotesDue2029Member 2024-02-29 2024-02-29 0000732712 vz:A1.250NotesDue2030Member 2024-02-29 2024-02-29 0000732712 vz:A1.875NotesDue2030Member 2024-02-29 2024-02-29 0000732712 vz:NotesDue20304250Member 2024-02-29 2024-02-29 0000732712 vz:A2.625NotesDue2031Member 2024-02-29 2024-02-29 0000732712 vz:A2.500NotesDue2031Member 2024-02-29 2024-02-29 0000732712 vz:A3000FixedRateNotesDue2031Member 2024-02-29 2024-02-29 0000732712 vz:A0.875NotesDue2032Member 2024-02-29 2024-02-29 0000732712 vz:A0750NotesDue2032Member 2024-02-29 2024-02-29 0000732712 vz:A1300NotesDue2033Member 2024-02-29 2024-02-29 0000732712 vz:NotesDue2034475Member 2024-02-29 2024-02-29 0000732712 vz:A4.750NotesDue2034Member 2024-02-29 2024-02-29 0000732712 vz:A3.125NotesDue2035Member 2024-02-29 2024-02-29 0000732712 vz:A1125NotesDue2035Member 2024-02-29 2024-02-29 0000732712 vz:A3.375NotesDue2036Member 2024-02-29 2024-02-29 0000732712 vz:A2.875NotesDue2038Member 2024-02-29 2024-02-29 0000732712 vz:A1875NotesDue2038Member 2024-02-29 2024-02-29 0000732712 vz:A1.500NotesDue2039Member 2024-02-29 2024-02-29 0000732712 vz:A3.500FixedRateNotesDue2039Member 2024-02-29 2024-02-29 0000732712 vz:A1850NotesDue2040Member 2024-02-29 2024-02-29 0000732712 vz:A3850FixedRateNotesDue2041Member 2024-02-29 2024-02-29 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549  _____________________________________________________________________________ FORM 8-K    ______________________________________________________________________________ CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: February 29, 2024 (Date of earliest event reported)  ______________________________________________________________________________ Verizon Communications Inc. (Exact name of registrant as specified in its charter)  _______________________________________________________________________________    Delaware 1-8606 23-2259884 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 1095 Avenue of the Americas 10036 New York, New York (Address