Verizon Communications stock reaches key debt tender deadline

Published on 11/04/2026 at 17:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Verizon Communications stock reaches the scheduled deadline for five note tenders. The cash offers carry a USD 500 million cap and could settle on November 9.

Debt tender reaches its deadline

Verizon's five cash offers cover notes maturing between 2028 and 2061.
A waterfall structure gives higher-priority note series precedence when tenders exceed the caps.
The company expects to announce final pricing after the pricing window and settle accepted notes on November 9.

Verizon Communications, US92343V1044, Illustration mit AI erstellt.

Verizon Communications' debt tender process reaches its scheduled deadline on Wednesday, November 4, after the company opened five cash offers for outstanding notes on October 29. The offers cover maturities from 2028 through 2061 and are subject to a waterfall structure that ranks the series by acceptance priority.

Verizon Communications stock traded at 41.39 euros on Lang & Schwarz at 17:06 CET on Wednesday, November 4. Investors can follow the real-time quote of Verizon Communications stock.

Caps and priority rules shape acceptance

According to Verizon's investor announcement, the offers carry a total purchase-price cap of USD 500 million. Three long-dated series share a USD 155 million sub-cap, while acceptance follows priority levels if valid tenders exceed the applicable limits. A series can therefore be accepted on a prorated basis or receive no allocation.

The offers expire at 5:00 p.m. New York City time on November 4 unless Verizon extends or terminates them earlier. The company expects to publish the offer yields and total consideration after 2:00 p.m. New York City time, with settlement scheduled for November 9 if the transaction conditions are satisfied or waived.

What changed since the last report

The Lang & Schwarz quote was 39.95 euros in the relevant own report published on November 2. The latest quote is 3.60 percent above that level, a separate comparison from any same-day exchange benchmark. The move gives the current edition a fresh market reference while the debt tender remains the central company event.