NEW YORK – Verizon Communications Inc. (“Verizon”) (NYSE, Nasdaq: VZ) today announced that it will redeem all of the outstanding 4.80% Notes, due September 23, 2044 (the “Notes”) in accordance with the terms and conditions of the Notes and the related indenture and delist the Notes from the Taipei Exchange on September 23, 2016 (the “Redemption Date”) and that it has caused notice of redemption to be given to each holder of the Notes in accordance with the terms and conditions of the Notes and the related indenture. The details of the Notes are as follows:
- Bond Code: F03601
- Bond Short Name: P14VZ1
- ISIN: XS1109736592
- Common Code: 110973659
- FIGI: BBG00738JD77
- Initial Notional Amount: USD870,000,000
- Bond Name: Verizon 2014-1 Senior Unsecured Notes
- Date of Call/Delisting: September 23, 2016
- Call Price: 100% of the principal amount of the Notes being redeemed plus accrued and unpaid interest to the Redemption Date
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