Verizon Communications Inc. Files 8-K on Debt Issuances

Ticker: VZ · Form: 8-K · Filed: 2024-08-05T00:00:00.000Z

Sentiment: neutral

Topics: debt-issuance, financing, notes

Related Tickers: VZ

TL;DR

Verizon dropped an 8-K on new debt notes due 2025-2031. Rates vary.

AI Summary

On August 5, 2024, Verizon Communications Inc. filed an 8-K report detailing various debt issuances. These include notes due in 2025, 2026, 2027, 2028, 2029, 2030, and 2031, with interest rates ranging from 0.375% to 4.250%. The filing does not specify the aggregate principal amount of these notes.

Why It Matters

This filing indicates Verizon is actively managing its debt portfolio by issuing new notes, which could impact its financial leverage and future interest expenses.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of debt issuances and does not contain negative financial news or significant operational changes.

Key Numbers

2025-2031 — Maturity Dates (Verizon issued notes with various maturity dates within this range.)
0.375%-4.250% — Interest Rates (The newly issued notes carry interest rates spanning this range.)

Key Players & Entities

VERIZON COMMUNICATIONS INC (company) — Filer
0000732712 (company) — Central Index Key
20240805 (date) — Filing Date

FAQ

What is the total principal amount of the debt notes issued by Verizon?

The filing does not specify the aggregate principal amount of the debt notes issued.

What are the specific interest rates for each series of notes?

The filing lists notes with interest rates such as 0.875%, 3.250%, 1.375%, 2.350%, 4.250%, 2.625%, and 2.500%, among others.

What are the maturity dates for the debt notes mentioned in the filing?

The maturity dates for the notes range from 2025 to 2031, including specific years like 2025, 2026, 2027, 2028, 2029, 2030, and 2031.

Is this filing related to any specific business event or transaction?

This filing is primarily an 'Other Events' and 'Financial Statements and Exhibits' filing, detailing the issuance of various debt securities.

What is the SIC code for Verizon Communications Inc.?

The Standard Industrial Classification (SIC) code for Verizon Communications Inc. is 4813, which corresponds to Telephone Communications (No Radio Telephone).

From the Filing

0001193125-24-193907.txt : 20240805 0001193125-24-193907.hdr.sgml : 20240805 20240805161058 ACCESSION NUMBER: 0001193125-24-193907 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 18 CONFORMED PERIOD OF REPORT: 20240805 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240805 DATE AS OF CHANGE: 20240805 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: 241174865 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 d859370d8k.htm 8-K 8-K 0000732712 false 0000732712 2024-08-05 2024-08-05 0000732712 vz:A0.875NotesDue2025Member 2024-08-05 2024-08-05 0000732712 vz:A3.250NotesDue2026Member 2024-08-05 2024-08-05 0000732712 vz:A1.375NotesDue2026Member 2024-08-05 2024-08-05 0000732712 vz:A0.875NotesDue2027Member 2024-08-05 2024-08-05 0000732712 vz:A1.375NotesDue2028Member 2024-08-05 2024-08-05 0000732712 vz:A1125NotesDue2028Member 2024-08-05 2024-08-05 0000732712 vz:A2350FixedRateNotesDue2028Member 2024-08-05 2024-08-05 0000732712 vz:A1.875NotesDue2029Member 2024-08-05 2024-08-05 0000732712 vz:A0375NotesDue2029Member 2024-08-05 2024-08-05 0000732712 vz:A1.250NotesDue2030Member 2024-08-05 2024-08-05 0000732712 vz:A1.875NotesDue2030Member 2024-08-05 2024-08-05 0000732712 vz:NotesDue20304250Member 2024-08-05 2024-08-05 0000732712 vz:A2.625NotesDue2031Member 2024-08-05 2024-08-05 0000732712 vz:A2.500NotesDue2031Member 2024-08-05 2024-08-05 0000732712 vz:A3000FixedRateNotesDue2031Member 2024-08-05 2024-08-05 0000732712 vz:A0.875NotesDue2032Member 2024-08-05 2024-08-05 0000732712 vz:A0750NotesDue2032Member 2024-08-05 2024-08-05 0000732712 vz:A3.500NotesDue2032Member 2024-08-05 2024-08-05 0000732712 vz:A1300NotesDue2033Member 2024-08-05 2024-08-05 0000732712 vz:NotesDue2034475Member 2024-08-05 2024-08-05 0000732712 vz:A4.750NotesDue2034Member 2024-08-05 2024-08-05 0000732712 vz:A3.125NotesDue2035Member 2024-08-05 2024-08-05 0000732712 vz:A1125NotesDue2035Member 2024-08-05 2024-08-05 0000732712 vz:A3.375NotesDue2036Member 2024-08-05 2024-08-05 0000732712 vz:A3.750NotesDue2036Member 2024-08-05 2024-08-05 0000732712 vz:A2.875NotesDue2038Member 2024-08-05 2024-08-05 0000732712 vz:A1875NotesDue2038Member 2024-08-05 2024-08-05 0000732712 vz:A1.500NotesDue2039Member 2024-08-05 2024-08-05 0000732712 vz:A3.500FixedRateNotesDue2039Member 2024-08-05 2024-08-05 0000732712 vz:A1850NotesDue2040Member 2024-08-05 2024-08-05 0000732712 vz:A3850FixedRateNotesDue2041Member 2024-08-05 2024-08-05 0000732712 exch:XNYS us-gaap:CommonStockMember 2024-08-05 2024-08-05 0000732712 exch:XNCM us-gaap:CommonStockMember 2024-08-05 2024-08-05 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: August 5, 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 New York , New York     10036 (Address of principal executive offices)     (Zip Code) Registrant’s telephone number, including area code: ( 212 ) 395-1000 Not Applicable (Former name or former address, if cha