Verizon Communications subsidiaries call 5.55% notes due Feb. 1, 2014

By Tali David

Minneapolis, Oct. 29 - Verizon Communications Inc. subsidiaries Cellco Partnership and Verizon Wireless Capital LLC plan to redeem the entire amount outstanding under their $3.5 billion 5.55% notes due Feb. 1, 2014, according to a press release.

The notes will be redeemed on Nov. 29 at a redemption price to be calculated by the issuers or their agent on the third business day preceding the redemption date discounted at the Treasury rate plus 75 basis points.

The wireless telecommunications company is based in New York.

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