Verizon Communications Inc. Files 8-K
Ticker: VZ · Form: 8-K · Filed: 2024-09-12T00:00:00.000Z
Sentiment: neutral
Topics: debt, financing, disclosure
TL;DR
Verizon filed an 8-K listing a bunch of its debt notes due over the next decade.
AI Summary
On September 12, 2024, Verizon Communications Inc. filed an 8-K report detailing "Other Events." The filing primarily lists various debt instruments, including notes due in 2025, 2026, 2027, 2028, 2029, and 2030, with coupon rates ranging from 0.375% to 4.250%. No specific transactions or material events were detailed in the provided excerpt.
Why It Matters
This filing indicates ongoing debt management and financing activities for Verizon, which can impact its financial structure and future investment capacity.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of debt instruments and does not indicate any immediate financial distress or significant new risks.
Key Numbers
- 0.375% — Lowest Coupon Rate (Applies to notes due in 2029, indicating favorable borrowing costs.)
- 4.250% — Highest Coupon Rate (Applies to notes due in 2030, representing a higher cost of debt for that tranche.)
- 2025-2030 — Note Maturities (Shows the range of debt maturities, indicating a staggered repayment schedule.)
Key Players & Entities
- VERIZON COMMUNICATIONS INC (company) — Filer
- 0.375% (dollar_amount) — Coupon rate for notes due 2029
- 4.250% (dollar_amount) — Coupon rate for notes due 2030
- 2025 (date) — Maturity year for notes
- 2030 (date) — Maturity year for notes
FAQ
What specific event triggered this 8-K filing?
The filing is categorized under 'Other Events' and primarily lists various debt instruments, suggesting it's a routine disclosure rather than a response to a specific singular event.
What is the total principal amount of the debt instruments listed?
The provided excerpt does not specify the total principal amount for any of the listed debt instruments.
Are there any new debt issuances or redemptions mentioned?
The filing lists existing notes with various maturity dates and coupon rates, but does not explicitly state if these are new issuances or redemptions.
What is the purpose of listing these specific notes in an 8-K?
Listing these notes likely serves as a public disclosure of Verizon's outstanding debt obligations and their terms, as required by SEC regulations for certain events or ongoing reporting.
Does this filing indicate any changes in Verizon's credit rating or financial health?
This filing itself does not contain information about credit ratings or direct indicators of financial health beyond the listing of debt instruments.
From the Filing
0000732712-24-000056.txt : 20240912 0000732712-24-000056.hdr.sgml : 20240912 20240912100032 ACCESSION NUMBER: 0000732712-24-000056 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20240912 ITEM INFORMATION: Other Events FILED AS OF DATE: 20240912 DATE AS OF CHANGE: 20240912 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: 241294089 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-20240912.htm 8-K vz-20240912 9/12/2024 0000732712 false 0000732712 2024-09-12 2024-09-12 0000732712 exch:XNYM us-gaap:CommonStockMember 2024-09-12 2024-09-12 0000732712 exch:XNGS us-gaap:CommonStockMember 2024-09-12 2024-09-12 0000732712 vz:A0.875NotesDue2025Member 2024-09-12 2024-09-12 0000732712 vz:A3.250NotesDue2026Member 2024-09-12 2024-09-12 0000732712 vz:A1.375NotesDue2026Member 2024-09-12 2024-09-12 0000732712 vz:A0.875NotesDue2027Member 2024-09-12 2024-09-12 0000732712 vz:A1.375NotesDue2028Member 2024-09-12 2024-09-12 0000732712 vz:A1125NotesDue2028Member 2024-09-12 2024-09-12 0000732712 vz:A2350FixedRateNotesDue2028Member 2024-09-12 2024-09-12 0000732712 vz:A1.875NotesDue2029Member 2024-09-12 2024-09-12 0000732712 vz:A0375NotesDue2029Member 2024-09-12 2024-09-12 0000732712 vz:A1.250NotesDue2030Member 2024-09-12 2024-09-12 0000732712 vz:A1.875NotesDue2030Member 2024-09-12 2024-09-12 0000732712 vz:NotesDue20304250Member 2024-09-12 2024-09-12 0000732712 vz:A2.625NotesDue2031Member 2024-09-12 2024-09-12 0000732712 vz:A2.500NotesDue2031Member 2024-09-12 2024-09-12 0000732712 vz:A3000FixedRateNotesDue2031Member 2024-09-12 2024-09-12 0000732712 vz:A0.875NotesDue2032Member 2024-09-12 2024-09-12 0000732712 vz:A0750NotesDue2032Member 2024-09-12 2024-09-12 0000732712 vz:A3.500NotesDue2032Member 2024-09-12 2024-09-12 0000732712 vz:A1300NotesDue2033Member 2024-09-12 2024-09-12 0000732712 vz:NotesDue2034475Member 2024-09-12 2024-09-12 0000732712 vz:A4.750NotesDue2034Member 2024-09-12 2024-09-12 0000732712 vz:A3.125NotesDue2035Member 2024-09-12 2024-09-12 0000732712 vz:A1125NotesDue2035Member 2024-09-12 2024-09-12 0000732712 vz:A3.375NotesDue2036Member 2024-09-12 2024-09-12 0000732712 vz:A3.750NotesDue2036Member 2024-09-12 2024-09-12 0000732712 vz:A2.875NotesDue2038Member 2024-09-12 2024-09-12 0000732712 vz:A1875NotesDue2038Member 2024-09-12 2024-09-12 0000732712 vz:A1.500NotesDue2039Member 2024-09-12 2024-09-12 0000732712 vz:A3.500FixedRateNotesDue2039Member 2024-09-12 2024-09-12 0000732712 vz:A1850NotesDue2040Member 2024-09-12 2024-09-12 0000732712 vz:A3850FixedRateNotesDue2041Member 2024-09-12 2024-09-12 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: September 12, 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 t