Global Bondholder Services Corporation has been appointed as the Tender Agent and the Information Agent for the Offers. Questions regarding terms and conditions of the Offers should be directed to Barclays Capital Inc. to act as co-dealer managers for the Offers. Seelaus & Co., LLC, Tigress Financial Partners, LLC, Bancroft Capital, LLC, Drexel Hamilton, LLC, MFR Securities, Inc. LLC and Wells Fargo Securities, LLC to act as lead dealer managers for the Offers and BNP Paribas Securities Corp., Mizuho Securities USA LLC, Cabrera Capital Markets LLC, CastleOak Securities, L.P., Great Pacific Securities, R. Verizon has retained Barclays Capital Inc., Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Goldman Sachs & Co. Such tendered Notes will be returned promptly to the respective tendering Holder and will need to be re-tendered in accordance with the procedures described in the Offer to Purchase in order for the Holder to participate in the Offers. (Eastern Time) on Februare no longer valid.
#VERIZON IN HOME AGENT DOWN SERIES#
* Denotes a series of Notes for which the calculation of the applicable Total Consideration may be performed using the present value of such Notes as determined at the applicable Price Determination Date as if the principal amount of such Notes had been due on the Par Call Date.Įxcept as set forth herein, all other terms and conditions of the Offers described in the Original Offer to Purchase remain unchanged.Īny tenders of Notes prior to 11:59 p.m.
#VERIZON IN HOME AGENT DOWN PLUS#
Treasury Security specified in the table above for such series of Notes at the Price Determination Date quoted on the Bloomberg reference page “FIT1” plus (ii) the applicable Amended Fixed Spread specified in the table above for such series of Notes. The Total Consideration payable per each $1,000 principal amount of each series of Notes validly tendered will be determined in accordance with standard market practice, as described in the Offer to Purchase, to result in a price as of the Early Settlement Date (or, if there is no Early Settlement Date with respect to such series of Notes, the applicable Final Settlement Date) that equates to a yield to the maturity date (or, Par Call Date, if applicable) in accordance with the formula set forth in Annex A to the Original Offer to Purchase, as amended by the Supplement, for the applicable series of Notes, equal to the sum of (i) the yield corresponding to the bid side price of the applicable Reference U.S. The Offer with respect to the above series is subject to the Series One Cap. Modified the applicable Fixed Spread as set forth in the Original Offer to Purchase (the “Original Fixed Spread”) to the applicable amended Fixed Spread as set forth in the following table (the “Amended Fixed Spread”):
(Eastern time) on Ma(originally March 17, 2022) and (v) Final Settlement Date to Ma(originally March 21, 2022) and
(Eastern time) on Ma(originally March 3, 2022), (iii) Early Settlement Date to Ma(originally March 7, 2022), (iv) Expiration Date to 5:00 p.m. (Eastern time) on Ma(originally March 2, 2022), (ii) Price Determination Date to 9:00 a.m. Capitalized terms used but not defined in this press release have the meanings given to them in the Offer to Purchase.Įxtended the (i) Early Participation Date and Withdrawal Date to 5:00 p.m. The Offers are made on the terms and subject to the conditions set forth in the offer to purchase dated Febru(the “Original Offer to Purchase”) as amended by supplement no.1 to the Original Offer to Purchase dated Febru(the “Supplement” and, together with the Original Offer to Purchase, as the same may be further amended or supplemented from time to time, the “Offer to Purchase”).
(“Verizon”) (NYSE, NASDAQ: VZ) today announced that it has amended certain terms of its previously announced 30 separate offers to purchase for its own account and on behalf of certain of its wholly-owned subsidiaries the outstanding series of debt securities listed in the table below for a total cash amount of up to $4.0 billion. 25, 2022 (GLOBE NEWSWIRE) - Verizon Communications Inc.
0 kommentar(er)
