Verizon South Inc. to Redeem 7% Debentures Due 2041
21 Febbraio 2007 - 2:30PM
PR Newswire (US)
NEW YORK, Feb. 21 /PRNewswire/ -- Verizon South Inc., a
wholly-owned subsidiary of Verizon Communications Inc., today
announced that it will redeem the entire outstanding principal
amount of its $300 million 7% Debentures, Series F, due April 30,
2041 (the "Debentures") on March 23, 2007. The Debentures were
originally issued in denominations of $25.00 and are currently
traded on the New York Stock Exchange under the symbol "VZC". The
redemption price of 100.00% of the principal amount of the
Debentures, plus interest accrued and unpaid to the redemption
date, will be payable on March 23, 2007. On and after March 23,
2007 interest will cease to accrue on the Debentures. The name and
address of the paying agent for the redemption is: By Mail By
Courier By Hand THE BANK OF NEW YORK THE BANK OF NEW YORK THE BANK
OF NEW YORK P.O. BOX 396 111 SANDERS CREEK 101 BARCLAY STREET -- 8W
EAST SYRACUSE, NY PARKWAY NEW YORK, NY 10286 13057 EAST SYRACUSE,
NY ATTN: CORPORATE TRUST ATTN: CORPORATE TRUST 13057 OPERATIONS
OPERATIONS ATTN: CORPORATE TRUST OPERATIONS Verizon Communications
Inc. (NYSE:VZ), headquartered in New York, is a leader in
delivering broadband and other wireline and wireless communication
innovations to mass market, business, government and wholesale
customers. Verizon Wireless operates America's most reliable
wireless network, serving more than 59 million customers
nationwide. Verizon's Wireline operations include Verizon Business,
which operates one of the most expansive wholly owned global IP
networks, and Verizon Telecom, which is deploying the nation's most
advanced fiber-optic network to deliver the benefits of converged
communications, information and entertainment services to
customers. A Dow 30 company, Verizon has a diverse workforce of
approximately 242,000 and last year generated consolidated
operating revenues of more than $88 billion. For more information,
visit http://www.verizon.com/. VERIZON'S ONLINE NEWS CENTER:
Verizon news releases, executive speeches and biographies, media
contacts, high quality video and images, and other information are
available at Verizon's News Center on the World Wide Web at
http://www.verizon.com/news. To receive news releases by e-mail,
visit the News Center and register for customized automatic
delivery of Verizon news releases. DATASOURCE: Verizon
Communications Inc. CONTACT: Media, Bob Varettoni, +1-908-559-6388,
or Web site: http://www.verizon.com/ http://www.verizon.com/news
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