What was the primary purpose of this 8-K filing?

The primary purpose of this 8-K filing was to report the closing of a debt offering and to file the forms of the notes issued as exhibits to an existing shelf registration statement.

How much capital did Verizon raise from this debt offering?

Verizon raised €2,750,000,000 and £450,000,000 by issuing various tranches of notes.

What are the specific debt instruments issued?

Verizon issued 0.500% Notes due 2022 (€1,000,000,000), 0.875% Notes due 2025 (€1,000,000,000), 1.375% Notes due 2028 (€1,250,000,000), and 3.125% Notes due 2035 (£450,000,000).

Under what registration was these notes offered?

The notes were sold pursuant to an effective shelf registration statement on Form S-3 (Reg. No. 333-213439) which became effective on September 1, 2016.

VZ 8-K SEC Disclosure — Nov 2, 2016

Summary

Verizon Communications Inc. (VZ) filed a Form 8-K on November 2, 2016, to report the closing of a debt offering. The company successfully sold a significant amount of notes denominated in Euros and Pounds Sterling, raising capital to potentially fund operations, investments, or refinance existing debt. This transaction indicates Verizon's continued access to debt markets and its strategy to manage its capital structure.

Key Highlights

1Verizon Communications Inc. closed a debt offering on November 2, 2016.
2The company issued notes totaling €2,750,000,000 (across 0.500% Notes due 2022, 0.875% Notes due 2025, and 1.375% Notes due 2028).
3Verizon also issued £450,000,000 in 3.125% Notes due 2035.
4The notes were sold under an effective shelf registration statement on Form S-3 filed on September 1, 2016.
5The offering was made through a purchase agreement with several named financial institutions.
6This 8-K filing primarily serves to submit the forms of the notes as exhibits to the registration statement.

VERIZON COMMUNICATIONS INC 8-K Report, Corporate Update (Nov 2, 2016)

Summary

Key Highlights

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