Loop Capital Markets participates as co-manager in multi-tranche Euro- and Sterling-denominated bond offering of Verizon Communications Incorporated

On September 9, 2019, Loop Capital Markets participated as a co-manager on a three-tranche, Euro- and Sterling-denominated bond offering of Verizon Communications Incorporated. The Euro component included two tranches totaling €1.3 billion across 20-year and 12.5-year tenors; while the Sterling component included one £550 million tranche across an 11-year tenor.

Verizon intends to use the net proceeds of the offering for general corporate purposes.