Verizon Communications Inc.

(New York Stock Exchange)
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Verizon stock faces USD 1.75 billion note redemption in December

Debt refinancing AI-generated analysis

πŸ“… Verizon will redeem its outstanding $1.75 billion of 4.125% notes due March 16, 2027, in full on December 23, 2026.

πŸ’° The redemption price is set to be the greater of par value or a Treasury-rate-based present value plus accrued interest.

🏦 U.S. Bank Trust Company will act as the paying agent for this specific debt issuance identified by CUSIP 92343V DY7.

πŸ”„ This full redemption is distinct from a separate November tender offer where Verizon accepted $663.976 million of principal across four other note series.

πŸ“Š The final dollar amount for the redemption will be calculated on the third business day before the December 23 settlement date based on prevailing Treasury rates.

Risk Factors
  • Verizon is obligated to make a significant cash payment of $1.75 billion plus accrued interest to bondholders on December 23, 2026, representing a defined liquidity outflow tied to the maturity of its 4.125% notes.
Full Analysis
Verizon Communications announced on November 9 that it will redeem its outstanding $1.75 billion of 4.125% notes due March 16, 2027, in full on December 23, 2026. The redemption price is structured to be the greater of par value or a Treasury-rate-based present value, plus accrued and unpaid interest, with the final calculation determined on the third business day before settlement. This debt action represents a scheduled cash payment tied to a defined maturity rather than a change to Verizon's equity listing or dividend policy. The company utilizes U.S. Bank Trust Company as the paying agent for this transaction, which covers the entire issue identified by CUSIP 92343V DY7 and ISIN US92343VDY74. The announcement distinguishes this full redemption from a separate November debt tender process where Verizon previously accepted $663.976 million across four different note series. While broader market conditions regarding interest rates remain relevant for telecom shares, this specific event is a routine refinancing activity impacting the company's balance sheet obligations.