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Thursday, June 26, 2014

Verizon Announces Expiration and Final Results of Exchange Offer

NEW YORK – Verizon Communications Inc. (“Verizon”) (NYSE, NASDAQ: VZ; LSE: VZC) today announced the expiration and final results of its previously announced private offer to exchange (the “Exchange Offer”) up to all of Cellco Partnership’s and Verizon Wireless Capital LLC’s £600,000,000 outstanding aggregate principal amount of 8.875% Notes due December 18, 2018 (the “Existing Notes”) for Verizon’s new sterling-denominated 4.073% notes due 2024 (the “New Notes”) and an amount of cash.
Based on information provided by Lucid Issuer Services Limited, the exchange agent and information agent for the Exchange Offer, the aggregate principal amount of Existing Notes validly tendered for exchange and not validly withdrawn at or prior to the expiration date for the Exchange Offer (11:59 p.m. (New York time) on June 25, 2014) was £554,190,000.00, of which £13,639,000.00 was validly tendered and not validly withdrawn after the early participation date (11:59 p.m. (New York time) on June 11, 2014).  All of such tendered Existing Notes have been accepted for exchange.


Verizon Announces Expiration and Final Results of Exchange Offer

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