Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers Tenders > Headlines for 2014 > News item |
Verizon calls all $750 million 1.25% notes for redemption on Sept. 29
By Marisa Wong
Madison, Wis., Aug. 29 – Verizon Communications Inc. said it will redeem the entire outstanding principal amount of its $750 million 1.25% notes due Nov. 3, 2014 on Sept. 29.
The redemption price will be equal to the sum of the present values of the remaining scheduled payments of principal and interest, discounted to the redemption date on a semiannual basis at Treasuries plus 15 basis points, plus accrued interest to the redemption date.
The redemption price will be calculated on the third business day preceding the redemption date.
The telecommunications company is based in New York.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.