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Published on 5/11/2018 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Verizon to repurchase $2.5 billion floating-rate notes due 2025

By Wendy Van Sickle

Columbus, Ohio, May 11 – Verizon Communications Inc. plans to repurchase its $2.5 billion principal amount of outstanding floating-rate notes due Feb. 21, 2025, according to a press release.

The company expects to repurchase the notes on or by June 11.

Verizon is a New York City-based telecommunications company.


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