Verizon New York Inc. to Redeem 6.70% Debentures, Due November 1, 2023
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NEW YORK – Verizon Communications Inc. today announced that its subsidiary, Verizon New York Inc., will redeem the entire outstanding principal amount of its $250,000,000 6.70% Debentures, due November 1, 2023 (CUSIP 650094 CA1) (the “Securities”). The redemption date for the Securities will be November 18, 2013 (the “Redemption Date”).
The redemption price for the Securities will be equal to 100% of the principal amount of the Securities, plus accrued and unpaid interest to the Redemption Date, and will be payable on the Redemption Date. Interest will cease to accrue on and after the Redemption Date with respect to the Securities.
The name and address of the paying agent for the redemption is:
Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York, is a global leader in delivering broadband and other wireless and wireline communications services to consumer, business, government and wholesale customers. Verizon Wireless operates America’s most reliable wireless network, with more than 101 million retail connections nationwide. Verizon also provides converged communications, information and entertainment services over America’s most advanced fiber-optic network, and delivers integrated business solutions to customers in more than 150 countries. A Dow 30 company with nearly $116 billion in 2012 revenues, Verizon employs a diverse workforce of 178,300. For more information, visit www.verizon.com.