Verizon announces pricing terms of its tender offers and consent solicitations for 20 series of Verizon and certain of its subsidiaries’ notes

Rhea-AI Summary

Verizon (NYSE:VZ) announced pricing terms for 20 cash tender offers and related consent solicitations for its and subsidiaries’ notes.

Offers cover Any and All Notes and prioritized Waterfall Notes, with consideration based on U.S. Treasury yields plus fixed spreads and additional accrued coupon payments.

The Price Determination Date is June 2, 2026. Withdrawal rights expired June 1, 2026. Any and All Tender Offers and the extended early participation period end at 5:00 p.m. New York City time on June 16, 2026, unless changed. Waterfall Notes validly tendered after the early participation date will not be accepted, as the Waterfall Cap equals the consideration for early tenders.

Positive

• Pricing terms set for 20 Verizon and subsidiary note tender offers
• Over $1.14 billion of 2.100% Notes due 2028 tendered early
• $109.1 million of 6.750% Frontier California 2027 debentures tendered
• $48.5 million of 8.400% Frontier West Virginia 2029 debentures tendered

Negative

• None.

News Market Reaction – VZ

+0.29%

+0.29% Session close to close

In the Jun 2 session, VZ gained 0.29%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement details pricing terms and timelines for Verizon’s tender offers and consent solici...

Analysis

This announcement details pricing terms and timelines for Verizon’s tender offers and consent solicitations on 20 series of subsidiary and parent notes, specifying Offer Yields, fixed spreads, and Total Consideration per $1,000. It follows earlier debt-redemption actions, underscoring an ongoing focus on managing the liability profile. Investors tracking this development may watch actual take‑up by series, subsequent SEC filings under the effective S-3ASR shelf, and how future refinancing choices affect interest expense and flexibility.

Key Figures

Frontier Florida debentures outstanding: $282,289,000 Frontier Florida debentures tendered: $233,437,000 Verizon 2.100% Notes 2028 outstanding: $2,068,135,000 +5 more

8 metrics

Frontier Florida debentures outstanding $282,289,000 6.860% Debentures due 2/1/2028 (Any and All Notes, Table 1)

Frontier Florida debentures tendered $233,437,000 Principal amount tendered as of Original Any and All Notes Early Participation Date

Verizon 2.100% Notes 2028 outstanding $2,068,135,000 Verizon Communications Inc. 2.100% Notes due 3/22/2028 (Waterfall Notes, Table 2)

Verizon 2.100% Notes 2028 tendered $1,142,981,000 Principal amount tendered as of Waterfall Notes Early Participation Date

Offer Yield (multiple notes) 4.191% Offer Yield for several 2028 debentures and notes in Tables 1 and 2

Total Consideration example $1,047.45 Per $1,000 principal for Verizon 6.940% Notes due 2028, if tendered early

Fixed spread example 15 basis points Fixed spread over Reference U.S. Treasury for several 2028 issues

Any and All Extended Early Date 5:00 p.m. June 16, 2026 Extended Early Participation Date and expiration for Any and All Tender Offers

Historical Context

5 past events · Latest: May 21 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
May 21	Shareholder meeting results	Positive	+0.9%	Annual meeting outcomes and 2025 revenue update supported a modest gain.
May 21	Device launch offer	Positive	+0.9%	motorola razr 2026 launch with aggressive pricing and plan offers.
May 21	Marketing partnership	Positive	+0.9%	Large FIFA World Cup 2026 ticket promotion and related perks.
May 20	Debt redemption	Positive	-0.3%	Plan to redeem portion of 4.329% Notes due 2028 at defined price terms.
May 20	Innovation program	Neutral	-0.3%	Recognition of public-safety app developers and network innovation showcase.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent company news has usually produced modest, directionally aligned price moves, with a single divergence around debt redemption activity.

Recent Company History

Over the past weeks, Verizon has issued a mix of corporate and capital-structure updates. On May 21, 2026, shareholder meeting results, device launch news, and a World Cup ticket promotion coincided with a +0.94% move, showing stable to positive reactions to operational and marketing news. On May 20, 2026, announcements on redeeming $1,295,282,000 of 4.329% notes and a public-safety app challenge coincided with a -0.32% move, a divergence versus the generally constructive tone of liability management and innovation messaging. Today’s tender-offer pricing continues that focus on debt optimization.

Key Terms

tender offers, consent solicitations, reference U.S. Treasury Security, fixed spread, +4 more

8 terms

tender offers financial

"announced the pricing terms of its previously announced 20 separate offers..."

A tender offer is a proposal by one company or individual to buy shares from existing owners of a company at a specified price within a certain time frame. It matters to investors because it can lead to changes in company ownership or control, potentially affecting the value of their investments. Essentially, it’s a way for someone to try to purchase a large portion of a company’s stock directly from shareholders.

consent solicitations financial

"tender offers and consent solicitations for 20 series of Verizon..."

A consent solicitation is a formal request sent to shareholders asking them to approve or waive specific corporate actions — such as contract changes, mergers, or amendments to governance rules — often by signing a written consent instead of voting at a meeting. For investors this matters because it can speed up major decisions and alter rights or payments without a public vote, so shareholders need to weigh potential benefits, risks and any pressure to agree, much like neighbors being asked to sign off on a change to a shared driveway.

reference U.S. Treasury Security financial

"Reference U.S. Treasury Security (2) | Fixed Spread (Basis Points)..."

A reference U.S. Treasury security is a specific government bond or bill used as the standard benchmark for pricing and comparing other investments. Investors treat it like a yardstick for the “risk-free” interest rate, so its yield influences borrowing costs, bond prices and the extra return demanded for riskier assets; think of it as the baseline price everyone uses to judge other financial deals.

fixed spread financial

"the fixed spread for the applicable series of Notes plus the yield..."

A fixed spread is a set difference between the buying and selling prices of a financial instrument that remains constant regardless of market conditions. For investors, this means the cost to trade stays predictable, making it easier to understand potential expenses and plan accordingly—similar to a fixed fee in a service that doesn’t change, no matter how busy or slow the market becomes.

offer yield financial

"The “Offer Yield” is equal to the sum of (a) the yield..."

Offer yield is the annual return an investor would earn if they buy a bond or income security at the current asking (offer) price, based on its scheduled interest payments and repayment of principal. It matters because it shows the effective interest rate you get relative to what you pay—like comparing the rent you’d collect from a rental property to the price you paid for the house—helping investors decide if the purchase is worth it compared with other options.

total consideration financial

"The Total Consideration for each series of Notes is based on the fixed spread..."

Total consideration is the full amount of value exchanged in a transaction, including all payments, assets, or benefits involved. It represents what is given up or received in a deal, much like the total price paid when buying a house, covering both the purchase price and any additional costs or benefits. For investors, understanding total consideration helps assess the true scale and value of a transaction.

accrued coupon payment financial

"The Total Consideration does not include the applicable Accrued Coupon Payment..."

An accrued coupon payment is the interest earned on a bond that has accumulated since the last payment date but has not yet been paid to the investor. Think of it like interest building up in a savings account that will be paid out later; it reflects the amount the investor is owed for holding the bond during that period. This figure matters because it helps accurately determine the bond’s current value and the investor’s true earnings.

letter of transmittal financial

"Such Certificated Notes may only be tendered in accordance with the terms..."

A letter of transmittal is a written form investors use when sending physical stock certificates or electronic ownership documents to a company or its agent to surrender shares, tender them in an offer, or claim payment or replacement securities. It acts like a packing slip that lists what is enclosed, gives instructions on how the transfer should be handled, and provides proof of the transaction—important for ensuring investors receive the correct payment or new securities without delay or dispute.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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NEW YORK, June 02, 2026 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (“Verizon”) (NYSE, Nasdaq: VZ) today announced the pricing terms of its previously announced 20 separate offers, for its own account and on behalf of certain of its wholly-owned subsidiaries, to purchase for cash (i) any and all of the debt securities listed in Table 1 below (the “Any and All Notes” and such offers, the “Any and All Tender Offers”) and (ii) a total aggregate purchase price that shall be in an amount sufficient to allow Verizon to purchase the full aggregate principal amount of all outstanding series of debt securities listed in Table 2 below (the “Waterfall Notes” and, together with the Any and All Notes, the “Notes” and such offers, the “Waterfall Tender Offers” and, together with the Any and All Tender Offers, the “Tender Offers”) validly tendered and not validly withdrawn at or prior to the Waterfall Notes Early Participation Date (as defined below), each on the terms and subject to the conditions set forth in the Offer to Purchase and Consent Solicitation Statement dated May 11, 2026 (the “Offer to Purchase and Consent Solicitation Statement” and, together with the accompanying letter of transmittal, the “Offer Documents”), as amended by Verizon’s press release relating to the Tender Offers dated June 2, 2026 (the “Early Results Press Release”).

Withdrawal rights for each Tender Offer expired at 5:00 p.m. (New York City time) on June 1, 2026. With respect to the Any and All Notes only, the Any and All Notes Extended Early Participation Date (as defined in the Early Results Press Release) is 5:00 p.m. (New York City time) on June 16, 2026, at which time the Tender Offers will also expire, unless the expiration date is extended or earlier terminated by Verizon.

The tables below indicate, among other things, the aggregate principal amount of Notes validly tendered in each Tender Offer at or prior to the Original Any and All Notes Early Participation Date and Waterfall Notes Early Participation Date (each as defined in the Early Results Press Release) and the Offer Yield (as defined below) and Total Consideration (as defined in the Offer to Purchase and Consent Solicitation Statement, as amended) for each $1,000 principal amount of each series of Notes validly tendered at or prior to 5:00 p.m. (New York City time) on June 1, 2026, as calculated at 10:00 a.m. (New York City time) today, June 2, 2026 (the “Price Determination Date”) in accordance with the terms of the Offer to Purchase and Consent Solicitation Statement, as amended:

Table 1 Any and All of the Outstanding Any and All Notes and related Consent Solicitations Listed Below:
CUSIP Number	Issuer(1)	Title of Security	Maturity Date	Principal Amount Outstanding		Principal Amount Tendered as of the Original Any and All Notes Early Participation Date		Reference U.S. Treasury Security(2)	Fixed Spread (Basis Points)(2)	Offer Yield(3)		Total Consideration(4)
362333AH9	Frontier Florida LLC	6.860% Debentures due 2028	2/1/2028	$282,289,000		$233,437,000		3.750% due 4/30/2028	15	4.191%		$1,041.04
362337AK3	Frontier North Inc.	6.730% Debentures, Series G due 2028	2/15/2028	$200,000,000		$124,546,000		3.750% due 4/30/2028	15	4.191%		$1,039.94
020039AJ2	Alltel Corporation	6.800% Debentures due 2029	5/1/2029	$38,098,000		$599,000		3.875% due 4/15/2029	20	4.286%		$1,066.89
165087AL1	Verizon Virginia LLC	8.375% Debentures due 2029	10/1/2029	$8,993,000		$1,990,000		3.875% due 4/15/2029	25	4.336%		$1,121.98
165069AP0	Verizon Maryland LLC	8.000% Debentures due 2029*	10/15/2029	$19,981,000		$876,000		3.875% due 4/15/2029	25	4.336%		$1,111.88
645767AW4	Verizon New Jersey Inc.	7.850% Debentures due 2029	11/15/2029	$44,704,000		$4,326,000		3.875% due 4/15/2029	25	4.336%		$1,109.83
644239AY1	Verizon New England Inc.	7.875% Debentures due 2029*	11/15/2029	$133,077,000		$20,069,000		3.875% due 4/15/2029	25	4.336%		$1,110.61
165069AQ8	Verizon Maryland LLC	8.300% Debentures due 2031	8/1/2031	$21,111,000		$235,000		3.875% due 4/30/2031	45	4.616%		$1,165.88
252759AM7	Verizon Delaware LLC	8.625% Debentures due 2031	10/15/2031	$2,381,000		-		3.875% due 4/30/2031	50	4.666%		$1,184.32
020039DC4	Alltel Corporation	7.875% Senior Notes due 2032	7/1/2032	$55,847,000		$4,114,000		3.875% due 4/30/2031	60	4.766%		$1,161.15
92344WAB7	Verizon Maryland LLC	5.125% Debentures due 2033	6/15/2033	$139,085,000		$19,115,000		4.125% due 2/15/2036	35	4.794%		$1,019.43

Table 2 Outstanding Waterfall Notes in the Waterfall Tender Offers Listed Below:
Acceptance Priority Level	CUSIP Number	Issuer(1)	Title of Security	Maturity Date	Principal Amount Outstanding		Principal Amount Tendered as of the Waterfall Notes Early Participation Date		Reference U.S. Treasury Security(2)	Fixed Spread (Basis Points)(2)	Offer Yield(3)		Total Consideration(4)
1	362311AG7	Frontier California Inc.	6.750% Debentures due 2027	5/15/2027	$200,000,000		$109,112,000		3.750% due 4/30/2028	0	4.041%		$1,023.58
2	650094CJ2	Verizon New York Inc.	6.500% Debentures due 2028	4/15/2028	$34,773,000		$1,899,000		3.750% due 4/30/2028	15	4.191%		$1,039.85
3	07786DAA4	Verizon Pennsylvania LLC	6.000% Debentures due 2028	12/1/2028	$44,079,000		$9,237,000		3.750% due 4/30/2028	15	4.191%		$1,041.54
4	165123AM2	Frontier West Virginia Inc.	8.400% Debentures due 2029*	10/15/2029	$50,000,000		$48,516,000		3.875% due 4/15/2029	25	4.336%		$1,124.10
5	078167AZ6	Verizon Pennsylvania LLC	8.350% Debentures due 2030	12/15/2030	$31,140,000		$8,642,000		3.875% due 4/30/2031	35	4.516%		$1,153.94
6	078167BA0	Verizon Pennsylvania LLC	8.750% Debentures due 2031	8/15/2031	$34,923,000		$24,279,000		3.875% due 4/30/2031	45	4.616%		$1,187.38
7	92344XAB5	Verizon New York Inc.	7.375% Debentures due 2032	4/1/2032	$99,437,000		$17,551,000		3.875% due 4/30/2031	60	4.766%		$1,130.26
8	362320BA0	Verizon Communications Inc.	6.940% Notes due 2028	4/15/2028	$249,838,000		$48,752,000		3.750% due 4/30/2028	15	4.191%		$1,047.45
9	92343VGH1	Verizon Communications Inc.	2.100% Notes due 2028	3/22/2028	$2,068,135,000		$1,142,981,000		3.750% due 4/30/2028	15	4.191%		$965.04

(1)	See Annex A of the Offer to Purchase and Consent Solicitation Statement for a list of original issuer names, as applicable.
(2)	The Total Consideration for each series of Notes is based on the fixed spread for the applicable series of Notes plus the yield of the specified Reference U.S. Treasury Security for that series as of the Price Determination Date. See “Description of the Tender Offers and Consent Solicitations—Determination of Consideration” in the Offer to Purchase and Consent Solicitation Statement. The Total Consideration does not include the applicable Accrued Coupon Payment (as defined in the Offer to Purchase and Consent Solicitation Statement), which will be payable in cash in addition to the applicable Total Consideration. There is no separate consent payment for the Consent Solicitations.
(3)	The “Offer Yield” is equal to the sum of (a) the yield, as calculated by the lead dealer managers, that equates to the bid-side price of the Reference U.S. Treasury Security specified in the tables above for such series of Notes appearing at 10:00 a.m. (New York City time), today, June 2, 2026 on the Bloomberg Reference Page specified in Verizon’s press release announcing the Tender Offers and Consent Solicitations, dated May 11, 2026 (the “Launch Press Release”), for such series of Notes, plus (b) the Fixed Spread specified in the tables above for such series of Notes.
(4)	Per $1,000 principal amount of Notes validly tendered at or prior to 5:00 p.m. (New York City time) on June 1, 2026 and accepted for purchase. *   Denotes a series of Notes, a portion of which is held in physical certificated form (such portion, the “Certificated Notes”) and is not held through The Depository Trust Company (“DTC”). Such Certificated Notes may only be tendered in accordance with the terms and conditions of the accompanying Letter of Transmittal. With respect to the Certificated Notes, all references to the Offer to Purchase and Consent Solicitation Statement herein shall also include the Letter of Transmittal.

Verizon’s obligation to accept Notes (and, with respect to the Any and All Notes, the related consents) tendered in the Tender Offers and Consent Solicitations is subject to the terms and conditions described in the Offer Documents, as amended, including with respect to the Waterfall Tender Offers (i) the Acceptance Priority Procedures (as described in the Launch Press Release) and (ii) a cap of an amount sufficient to accept for purchase all of the Waterfall Notes validly tendered and not validly withdrawn at or prior to the Waterfall Notes Early Participation Date on the total cash Verizon pays to purchase Waterfall Notes under the Waterfall Tender Offers (excluding the applicable Accrued Coupon Payments). The Total Consideration or Tender Consideration that will be paid on the Settlement Date (as defined in the Offer to Purchase and Consent Solicitation Statement, as amended) for each series of Notes accepted for purchase does not include the applicable Accrued Coupon Payment, which will be paid, in cash, in addition to the Total Consideration or Tender Consideration, as applicable. Because the Total Consideration to be paid for the Waterfall Notes validly tendered at or prior to the Waterfall Notes Early Participation Date will be equal to the increased Waterfall Cap, no Waterfall Notes tendered after the Waterfall Notes Early Participation Date will be accepted for purchase.

Verizon has retained Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and Wells Fargo Securities, LLC to act as lead dealer managers and lead solicitation agents for the Tender Offers and Consent Solicitations and BNY Mellon Capital Markets, LLC, CIBC World Markets Corp., Intesa Sanpaolo IMI Securities Corp. and NatWest Markets Securities Inc. as co-dealer managers and co-solicitation agents for the Tender Offers and Consent Solicitations. Questions regarding terms and conditions of the Tender Offers and Consent Solicitations should be directed to Goldman Sachs & Co. LLC at (800) 828-3182 (toll-free) or (212) 357-1452 (collect), or J.P. Morgan at (866) 834-4666 (toll-free) or (212) 834-7489 (collect), Morgan Stanley at (800) 624-1808 (toll-free) or (212) 761-1057 (collect) or Wells Fargo at (866) 309-6316 (toll-free) or (704) 410-4235 (collect).

Global Bondholder Services Corporation is acting as the Tender Agent and the Information Agent for the Tender Offers and Consent Solicitations. Questions or requests for assistance related to the Tender Offers and Consent Solicitations or for additional copies of the Offer Documents may be directed to Global Bondholder Services Corporation at (855) 654-2015 (toll-free) or (212) 430-3774 (collect). You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Tender Offers and Consent Solicitations.

If Verizon terminates any Tender Offer and Consent Solicitation with respect to one or more series of Notes, it will give prompt notice to the Tender Agent or Information Agent, as applicable, and all Notes tendered pursuant to such terminated Tender Offer and Consent Solicitation will be returned promptly to the tendering Holders thereof. With effect from such termination, any Notes blocked in DTC will be released.

Holders are advised to check with any bank, securities broker or other intermediary through which they hold Notes as to when such intermediary would need to receive instructions from a beneficial owner in order for that Holder to be able to participate in, or (in the circumstances in which revocation is permitted) revoke their instruction to participate in, the Tender Offers and Consent Solicitations before the deadlines specified herein and in the Offer Documents. The deadlines set by any such intermediary and DTC for the submission and withdrawal of tender instructions may be earlier than the relevant deadlines specified herein and in the Offer Documents.

This announcement is for informational purposes only. This announcement is not an offer to purchase or a solicitation of an offer to purchase any Notes. The Tender Offers and Consent Solicitations are being made solely pursuant to the Offer Documents and related documents. The Tender Offers and Consent Solicitations are not being made to Holders of Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. In any jurisdiction in which the securities laws or blue sky laws require the Tender Offers and Consent Solicitations to be made by a licensed broker or dealer, the Tender Offers and Consent Solicitations will be deemed to be made on behalf of Verizon by the dealer managers or one or more registered brokers or dealers that are licensed under the laws of such jurisdiction.

This communication and any other documents or materials relating to the Tender Offers and Consent Solicitations have not been approved by an authorized person for the purposes of Section 21 of the Financial Services and Markets Act 2000, as amended (the “FSMA”). Accordingly, this announcement is not being distributed to, and must not be passed on to, persons within the United Kingdom save in circumstances where section 21(1) of the FSMA does not apply. Accordingly, this communication is only addressed to and directed at (i) persons who are outside the United Kingdom, or (ii) persons falling within the definition of investment professionals (as defined in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Financial Promotion Order”)), or (iii) within Article 43 of the Financial Promotion Order, or (iv) high net worth companies and other persons to whom it may lawfully be communicated falling within Article 49(2)(a) to (d) of the Financial Promotion Order (such persons together being “relevant persons”). Any person who is not a relevant person should not act or rely on any document or material relating to the Tender Offers and Consent Solicitations or any of their contents.

This communication and any other documents or materials relating to the Tender Offers and Consent Solicitations are only addressed to and directed at persons in member states of the European Economic Area (the “EEA”), who are “Qualified Investors” within the meaning of Article 2(1)(e) of Regulation (EU) 2017/1129. The Tender Offers and Consent Solicitations are only available to Qualified Investors. None of the information in any document or material relating to the Tender Offers and Consent Solicitations should be acted upon or relied upon in any member state of the EEA by persons who are not Qualified Investors.

Cautionary Statement Regarding Forward-Looking Statements

In this communication Verizon has made forward-looking statements, including regarding the conduct and completion of the Tender Offers and Consent Solicitations. These forward-looking statements are not historical facts, but only predictions and generally can be identified by use of statements that include phrases such as “will,” “may,” “should,” “continue,” “anticipate,” “assume,” “believe,” “expect,” “plan,” “appear,” “project,” “estimate,” “hope,” “intend,” “target,” “forecast,” or other words or phrases of similar import. Similarly, statements that describe our objectives, plans or goals also are forward-looking statements. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those currently anticipated, including those discussed in the Offer to Purchase and Consent Solicitation Statement under the heading “Risk Factors” and under similar headings in other documents that are incorporated by reference in the Offer to Purchase and Consent Solicitation Statement. Holders are urged to consider these risks and uncertainties carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements included in this press release are made only as of the date of this press release, and Verizon undertakes no obligation to update publicly these forward-looking statements to reflect new information, future events or otherwise. In light of these risks, uncertainties and assumptions, the forward-looking events might or might not occur. Verizon cannot assure you that projected results or events will be achieved.

This announcement was originally published by Verizon. Read the original press release.

Media contact:
Katie Magnotta
201-602-9235
katie.magnotta@verizon.com

FAQ

What did Verizon (VZ) announce about its 2026 tender offers pricing?

Verizon announced final pricing terms for 20 cash tender offers and related consent solicitations. According to Verizon, consideration for each note series is based on a fixed spread over specific U.S. Treasury yields, plus a separate accrued coupon payment in cash.

When do Verizon’s Any and All Tender Offers for notes expire in June 2026?

Verizon’s Any and All Tender Offers are scheduled to expire at 5:00 p.m. New York City time on June 16, 2026. According to Verizon, this time is also the extended early participation deadline, unless the company changes or terminates the offers earlier.

What is the Waterfall Cap in Verizon’s 2026 Waterfall Tender Offers for VZ notes?

The Waterfall Cap equals the total consideration for all Waterfall Notes validly tendered by the early participation date. According to Verizon, this cap means no Waterfall Notes tendered after that date will be accepted for purchase under the Waterfall Tender Offers.

How much of Verizon’s 2.100% Notes due 2028 (VZ) was tendered early?

Holders tendered $1,142,981,000 of Verizon’s 2.100% Notes due 2028 by the Waterfall Notes Early Participation Date. According to Verizon, outstanding principal for this series was $2,068,135,000 before the tender offers began.

How is total consideration calculated for Verizon’s 2026 note tender offers?

Total consideration per $1,000 principal is based on the yield of a specified U.S. Treasury plus a fixed spread. According to Verizon, this calculated amount excludes accrued coupon payments, which will be paid in cash in addition to the tender consideration.

Can Verizon noteholders still withdraw tendered notes in the June 2026 offers?

Noteholders can no longer withdraw notes already tendered, as withdrawal rights expired at 5:00 p.m. New York City time on June 1, 2026. According to Verizon, any later tender instructions are generally irrevocable, subject to limited exceptions in the offer documents.

Is Verizon’s June 2, 2026 tender offer announcement an offer to buy VZ securities?

The announcement itself is not an offer to purchase or solicit tenders of any notes. According to Verizon, the tender offers and consent solicitations are made only through the official offer documents distributed to eligible noteholders under applicable securities laws.