VERIZON COMMUNICATIONS INC 8-K

What Happened Verizon announced it closed two debt offerings on February 23, 2026: €2,250,000,000 of 4.2462% Fixed-to-Fixed Rate Junior Subordinated Notes due 2056 and £600,000,000 of 5.7427% Fixed-to-Fixed Rate Junior Subordinated Notes due 2056. The notes were sold under Verizon’s effective Form S-3 shelf registration statement (Reg. No. 333-289928), which became effective on August 29, 2025. The sales were completed pursuant to purchase agreements with a group of banks and dealers.

Key Details

• Amounts: €2,250,000,000 and £600,000,000 aggregate principal.
• Coupon and maturity: 4.2462% (euro notes) and 5.7427% (sterling notes), both due 2056.
• Closing date: February 23, 2026; sold under the Form S-3 shelf registration effective Aug 29, 2025.
• Administrative filing: forms of the global notes were filed as exhibits and incorporated by reference into the Registration Statement.

Why It Matters This transaction raises long-term debt capital for Verizon and increases its fixed interest obligations at the stated coupon rates through 2056. Because these are junior subordinated notes, they rank below senior debt in the capital structure, which is relevant for creditors and investors assessing credit risk. For retail investors, the key takeaways are the size of the offerings, the fixed interest rates, and the very long maturity — all of which affect Verizon’s future interest expense and debt profile but do not by themselves change operational results like revenue or earnings reported elsewhere.