Verizon Communications selling $500 million two-year floaters Monday

By Andrea Heisinger

New York, March 4 - Verizon Communications Inc. is in Monday's market with a $500 million offering of two-year floating-rate notes (A3/A-/A), a market source said.

The offering is being done under Rule 144A and Regulation S.

Citigroup Global Markets Inc. is the bookrunner.

The broadband and telecommunications company is based in New York City.

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