NEW YORK, Aug. 23, 2016 /PRNewswire/ -- Verizon Communications Inc. ("Verizon") (NYSE, Nasdaq: VZ) today announced that it will redeem all of the outstanding 4.80% Notes, due September 23, 2044 (the "Notes") in accordance with the terms and conditions of the Notes and the related indenture and delist the Notes from the Taipei Exchange on September 23, 2016 (the "Redemption Date") and that it has caused notice of redemption to be given to each holder of the Notes in accordance with the terms and conditions of the Notes and the related indenture. The details of the Notes are as follows:
1. Bond Code: F03601
2. Bond Short Name: P14VZ1
3. ISIN: XS1109736592
4. Common Code: 110973659
5. FIGI: BBG00738JD77
6. Initial Notional Amount: USD870,000,000
7. Bond Name: Verizon 2014-1 Senior Unsecured Notes
8. Date of Call/Delisting: September 23, 2016
9. Call Price: 100% of the principal amount of the Notes being redeemed plus accrued and unpaid interest to the Redemption Date
Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York City, has a diverse workforce of nearly 162,700 and generated nearly $132 billion in 2015 revenues. Verizon operates America's most reliable wireless network, with 113.2 million retail connections nationwide. The company also provides communications and entertainment services over mobile broadband and the nation's premiere all-fiber network, and delivers integrated business solutions to customers worldwide.
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SOURCE Verizon Communications Inc.