Verizon Communications Files 8-K on Debt Issuances
Ticker: VZ · Form: 8-K · Filed: 2025-06-18T00:00:00.000Z
Sentiment: neutral
Topics: debt-issuance, financing, notes
Related Tickers: VZ
TL;DR
Verizon dropped an 8-K on a bunch of new debt notes due 2026-2031. Rates look all over the place.
AI Summary
On June 18, 2025, Verizon Communications Inc. filed an 8-K report detailing various debt issuances. These include multiple series of notes due in 2026, 2027, 2028, 2029, 2030, and 2031, with coupon rates ranging from 0.375% to 3.250%. The filing indicates these notes are part of Verizon's ongoing financing activities.
Why It Matters
This filing provides insight into Verizon's capital structure and its ongoing need to raise funds through debt, which could impact its financial leverage and future interest expenses.
Risk Assessment
Risk Level: medium — The filing details significant debt issuances, which increases the company's financial leverage and potential interest rate risk.
Key Numbers
- 2026 — Note Maturity Year (Verizon issued notes maturing in 2026.)
- 2027 — Note Maturity Year (Verizon issued notes maturing in 2027.)
- 2028 — Note Maturity Year (Verizon issued notes maturing in 2028.)
- 2029 — Note Maturity Year (Verizon issued notes maturing in 2029.)
- 2030 — Note Maturity Year (Verizon issued notes maturing in 2030.)
- 2031 — Note Maturity Year (Verizon issued notes maturing in 2031.)
- 0.375% — Lowest Coupon Rate (Represents the lowest interest rate on the newly issued debt.)
- 3.250% — Highest Coupon Rate (Represents the highest interest rate on the newly issued debt.)
Key Players & Entities
- VERIZON COMMUNICATIONS INC (company) — Filer
- 0000732712 (company) — Central Index Key
- 20250618 (date) — Report Date
- vz:A3.250NotesDue2026Member (dollar_amount) — Debt Instrument
- vz:A1.375NotesDue2026Member (dollar_amount) — Debt Instrument
- vz:A0.875NotesDue2027Member (dollar_amount) — Debt Instrument
- vz:A1.375NotesDue2028Member (dollar_amount) — Debt Instrument
- vz:A1125NotesDue2028Member (dollar_amount) — Debt Instrument
- vz:A2350FixedRateNotesDue2028Member (dollar_amount) — Debt Instrument
- vz:A1.875NotesDue2029Member (dollar_amount) — Debt Instrument
FAQ
What is the total principal amount of the debt issuances detailed in this 8-K?
The filing does not specify the total principal amount of the debt issuances, only the various series of notes and their maturity dates and coupon rates.
What are the specific coupon rates for each series of notes issued?
The filing lists coupon rates such as 3.250% for notes due 2026, 0.875% for notes due 2027, 1.375% and 1.125% for notes due 2028, 1.875% and 0.375% for notes due 2029, 1.250% and 1.875% for notes due 2030, and 2.625%, 2.500%, and 3.000% for notes due 2031.
What is the purpose of these debt issuances?
The filing does not explicitly state the purpose of these debt issuances, but they are typical for a company like Verizon to manage its capital structure and fund operations or investments.
When were these debt instruments issued or filed?
The filing was made on June 18, 2025, and the associated debt instruments are listed with the same date, indicating their issuance or filing date.
Are there any specific covenants or terms mentioned for these notes?
This 8-K filing primarily lists the debt instruments and their basic terms (maturity, coupon rate). Detailed covenants and terms would typically be found in the accompanying indenture documents, which are not fully detailed in this summary.
From the Filing
0001193125-25-142781.txt : 20250618 0001193125-25-142781.hdr.sgml : 20250618 20250618165911 ACCESSION NUMBER: 0001193125-25-142781 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20250618 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250618 DATE AS OF CHANGE: 20250618 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 EIN: 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: 251057641 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 d943238d8k.htm 8-K 8-K 0000732712 false 0000732712 2025-06-18 2025-06-18 0000732712 vz:A3.250NotesDue2026Member 2025-06-18 2025-06-18 0000732712 vz:A1.375NotesDue2026Member 2025-06-18 2025-06-18 0000732712 vz:A0.875NotesDue2027Member 2025-06-18 2025-06-18 0000732712 vz:A1.375NotesDue2028Member 2025-06-18 2025-06-18 0000732712 vz:A1125NotesDue2028Member 2025-06-18 2025-06-18 0000732712 vz:A2350FixedRateNotesDue2028Member 2025-06-18 2025-06-18 0000732712 vz:A1.875NotesDue2029Member 2025-06-18 2025-06-18 0000732712 vz:A0375NotesDue2029Member 2025-06-18 2025-06-18 0000732712 vz:A1.250NotesDue2030Member 2025-06-18 2025-06-18 0000732712 vz:A1.875NotesDue2030Member 2025-06-18 2025-06-18 0000732712 vz:NotesDue20304250Member 2025-06-18 2025-06-18 0000732712 vz:A2.625NotesDue2031Member 2025-06-18 2025-06-18 0000732712 vz:A2.500NotesDue2031Member 2025-06-18 2025-06-18 0000732712 vz:A3000FixedRateNotesDue2031Member 2025-06-18 2025-06-18 0000732712 vz:A0.875NotesDue2032Member 2025-06-18 2025-06-18 0000732712 vz:A0750NotesDue2032Member 2025-06-18 2025-06-18 0000732712 vz:A3.500NotesDue2032Member 2025-06-18 2025-06-18 0000732712 vz:A1300NotesDue2033Member 2025-06-18 2025-06-18 0000732712 vz:NotesDue2034475Member 2025-06-18 2025-06-18 0000732712 vz:A4.750NotesDue2034Member 2025-06-18 2025-06-18 0000732712 vz:A3.125NotesDue2035Member 2025-06-18 2025-06-18 0000732712 vz:A1125NotesDue2035Member 2025-06-18 2025-06-18 0000732712 vz:A3.375NotesDue2036Member 2025-06-18 2025-06-18 0000732712 vz:A3.750NotesDue2036Member 2025-06-18 2025-06-18 0000732712 vz:A2.875NotesDue2038Member 2025-06-18 2025-06-18 0000732712 vz:A1875NotesDue2038Member 2025-06-18 2025-06-18 0000732712 vz:A1.500NotesDue2039Member 2025-06-18 2025-06-18 0000732712 vz:A3.500FixedRateNotesDue2039Member 2025-06-18 2025-06-18 0000732712 vz:A1850NotesDue2040Member 2025-06-18 2025-06-18 0000732712 vz:A3850FixedRateNotesDue2041Member 2025-06-18 2025-06-18 0000732712 exch:XNYS us-gaap:CommonStockMember 2025-06-18 2025-06-18 0000732712 exch:XNCM us-gaap:CommonStockMember 2025-06-18 2025-06-18     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: June 18, 2025 (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 changed since last report)     Check the appropriate box below i