Verizon in €2 Billion Bond Offering

Cleary Gottlieb is representing Verizon Communications Inc. (Verizon) in an offering of its €1 billion 3.25% senior notes due 2032 and its €1 billion 3.75% senior notes due 2037.

Verizon will use the net proceeds from the offering to redeem all of its 3.25% senior notes due 2026, with the remainder for general corporate purposes. The transaction priced on July 30, 2025, and is expected to close on August 6, 2025.

Verizon is a holding company that, acting through its subsidiaries, is one of the world’s leading providers of communications, technology, information, and entertainment products and services to consumers, businesses, and government entities.