Verizon New York Inc. to Redeem 6.70% Debentures, Due November 1, 2023

NEW YORK, Oct. 17, 2013 /PRNewswire/ -- Verizon Communications Inc. today announced that its subsidiary, Verizon New York Inc., will redeem the entire outstanding principal amount of its $250,000,000 6.70% Debentures, due November 1, 2023 (CUSIP 650094 CA1) (the "Securities"). The redemption date for the Securities will be November 18, 2013 (the "Redemption Date"). 

The redemption price for the Securities will be equal to 100% of the principal amount of the Securities, plus accrued and unpaid interest to the Redemption Date, and will be payable on the Redemption Date. Interest will cease to accrue on and after the Redemption Date with respect to the Securities. 

The name and address of the paying agent for the redemption is:

By Mail

By Courier

By Hand

U.S. Bank

Corporate Trust Services

Attn: Registered Payments

EP-MN-WS2N          

60 Livingston Avenue

St. Paul, MN  55107-2292

U.S. Bank

Corporate Trust Services

60 Livingston Avenue

1st Fl – Bond Drop Window

St Paul, MN  55107-2292

U.S. Bank

Corporate Trust Services

100 Wall Street

Suite 1600 

New York, NY  10005

Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York, is a global leader in delivering broadband and other wireless and wireline communications services to consumer, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, with more than 101 million retail connections nationwide. Verizon also provides converged communications, information and entertainment services over America's most advanced fiber-optic network, and delivers integrated business solutions to customers in more than 150 countries. A Dow 30 company with nearly $116 billion in 2012 revenues, Verizon employs a diverse workforce of 178,300.  For more information, visit www.verizon.com.

VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts and other information are available at Verizon's online News Center at newscenter.verizon.com. The news releases are available through an RSS feed. To subscribe, visit newscenter.verizon.com/corporate/feeds.

SOURCE Verizon Communications Inc.



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