Verizon Communications stock faces November 4 debt tender deadline

Published on 10/30/2026 at 17:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Verizon Communications stock follows a new debt tender covering five note series. The offers expire on November 4 unless Verizon changes the terms.

Debt Tender Sets Near-Term Milestones

Verizon launched five cash offers for notes maturing between 2028 and 2061.
The tender structure prioritizes selected issues and limits purchases of three long-dated series.
Verizon expects to announce final pricing after the November 4 deadline and settle accepted notes on November 9.

Verizon Communications, US92343V1044, Illustration mit AI erstellt.

Verizon Communications launched five cash tender offers for outstanding notes on Thursday, October 29, 2026, giving bondholders a defined route to sell selected maturities back to the telecom group. The company said the combined purchase price is capped at USD 500 million.

The announcement from Verizon covers notes maturing in 2028, 2030, 2040, 2060 and 2061. Verizon will use a waterfall methodology, accepting valid tenders by priority level rather than applying one allocation across all series.

Priority Structure Limits Acceptance

The three highest-priority long-dated series share a USD 155 million sub-cap. They are the 3.000% notes due November 20, 2060, the 3.700% notes due March 22, 2061, and the 2.650% notes due November 20, 2040. The remaining offers cover the 2.100% notes due March 22, 2028, and the 3.150% notes due March 22, 2030.

If tenders exceed the applicable limits, Verizon may accept notes on a prorated basis or leave lower-priority series unpurchased. The purchase consideration will be calculated from the relevant U.S. Treasury yield on the price determination date plus a fixed spread for each series.

November Deadline Drives Next Steps

The offers expire at 5:00 p.m. New York time on Wednesday, November 4, unless Verizon extends or terminates them earlier. The company expects to announce final offer yields and purchase consideration after 2:00 p.m. New York time that day. Settlement is expected on November 9, subject to the offer conditions.

Verizon Communications stock traded at 40.35 euros on Lang & Schwarz at 17:33 CET on Friday, October 30, 2026; investors can follow the real-time quote of Verizon Communications stock.