Verizon Communications Files 8-K on Debt Issuances
Ticker: VZ · Form: 8-K · Filed: 2024-09-30T00:00:00.000Z
Sentiment: neutral
Topics: debt-issuance, financing, notes
Related Tickers: VZ
TL;DR
Verizon dropped an 8-K detailing a bunch of new notes due between 2025-2031. Rates are all over the place.
AI Summary
On September 30, 2024, Verizon Communications Inc. filed an 8-K report detailing various debt issuances. These include multiple series of notes due in years ranging from 2025 to 2031, with coupon rates varying from 0.375% to 4.250%. The filing indicates ongoing financial activities and debt management by the company.
Why It Matters
This filing provides insight into Verizon's ongoing debt financing strategies and capital structure, which can impact its financial flexibility and future investment capacity.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of debt issuances and does not indicate any immediate financial distress or significant new risks.
Key Numbers
- 0.375% — Lowest Coupon Rate (Indicates a specific low-cost debt instrument issued.)
- 4.250% — Highest Coupon Rate (Indicates a specific higher-cost debt instrument issued.)
- 2025-2031 — Maturity Years (Covers a range of debt maturities for Verizon.)
Key Players & Entities
- VERIZON COMMUNICATIONS INC (company) — Filer
- 0000732712 (company) — Central Index Key
- 20240930 (date) — Report Date
FAQ
What is the total principal amount of the debt issuances disclosed in this 8-K?
The provided text does not specify the total principal amount for these debt issuances, only the coupon rates and maturity dates.
What are the specific names of the entities that purchased these notes?
The filing does not name the purchasers of the notes; it only lists the series of notes issued by Verizon.
What is the purpose of these new debt issuances?
The filing does not explicitly state the purpose of these debt issuances, but they are typical for ongoing corporate financing needs.
Are there any covenants or restrictions associated with these notes?
The provided excerpt does not detail any specific covenants or restrictions associated with these notes.
When were these notes issued?
The filing is dated September 30, 2024, and lists notes with various maturity dates, implying issuance around this period.
From the Filing
0001193125-24-228402.txt : 20240930 0001193125-24-228402.hdr.sgml : 20240930 20240930071303 ACCESSION NUMBER: 0001193125-24-228402 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20240930 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240930 DATE AS OF CHANGE: 20240930 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: 241336657 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 d889681d8k.htm 8-K 8-K 0000732712 false 0000732712 2024-09-30 2024-09-30 0000732712 vz:A0.875NotesDue2025Member 2024-09-30 2024-09-30 0000732712 vz:A3.250NotesDue2026Member 2024-09-30 2024-09-30 0000732712 vz:A1.375NotesDue2026Member 2024-09-30 2024-09-30 0000732712 vz:A0.875NotesDue2027Member 2024-09-30 2024-09-30 0000732712 vz:A1.375NotesDue2028Member 2024-09-30 2024-09-30 0000732712 vz:A1125NotesDue2028Member 2024-09-30 2024-09-30 0000732712 vz:A2350FixedRateNotesDue2028Member 2024-09-30 2024-09-30 0000732712 vz:A1.875NotesDue2029Member 2024-09-30 2024-09-30 0000732712 vz:A0375NotesDue2029Member 2024-09-30 2024-09-30 0000732712 vz:A1.250NotesDue2030Member 2024-09-30 2024-09-30 0000732712 vz:A1.875NotesDue2030Member 2024-09-30 2024-09-30 0000732712 vz:NotesDue20304250Member 2024-09-30 2024-09-30 0000732712 vz:A2.625NotesDue2031Member 2024-09-30 2024-09-30 0000732712 vz:A2.500NotesDue2031Member 2024-09-30 2024-09-30 0000732712 vz:A3000FixedRateNotesDue2031Member 2024-09-30 2024-09-30 0000732712 vz:A0.875NotesDue2032Member 2024-09-30 2024-09-30 0000732712 vz:A0750NotesDue2032Member 2024-09-30 2024-09-30 0000732712 vz:A3.500NotesDue2032Member 2024-09-30 2024-09-30 0000732712 vz:A1300NotesDue2033Member 2024-09-30 2024-09-30 0000732712 vz:NotesDue2034475Member 2024-09-30 2024-09-30 0000732712 vz:A4.750NotesDue2034Member 2024-09-30 2024-09-30 0000732712 vz:A3.125NotesDue2035Member 2024-09-30 2024-09-30 0000732712 vz:A1125NotesDue2035Member 2024-09-30 2024-09-30 0000732712 vz:A3.375NotesDue2036Member 2024-09-30 2024-09-30 0000732712 vz:A3.750NotesDue2036Member 2024-09-30 2024-09-30 0000732712 vz:A2.875NotesDue2038Member 2024-09-30 2024-09-30 0000732712 vz:A1875NotesDue2038Member 2024-09-30 2024-09-30 0000732712 vz:A1.500NotesDue2039Member 2024-09-30 2024-09-30 0000732712 vz:A3.500FixedRateNotesDue2039Member 2024-09-30 2024-09-30 0000732712 vz:A1850NotesDue2040Member 2024-09-30 2024-09-30 0000732712 vz:A3850FixedRateNotesDue2041Member 2024-09-30 2024-09-30 0000732712 exch:XNYS us-gaap:CommonStockMember 2024-09-30 2024-09-30 0000732712 exch:XNCM us-gaap:CommonStockMember 2024-09-30 2024-09-30     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 (date of earliest event reported): September 30, 2024     VERIZON COMMUNICATIONS INC. (Exact name of registrant as specified in its charter)     Delaware (State or other jurisdiction of incorporation)   1-8606     23-2259884 (Commission File Number)     (IRS Employer Identification No.)   1095 Avenue of 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