Verizon Communications Inc. announced the early participation results, as of 5:00 p.m. (Eastern time) on September 16, 2021 (the early participation date), of its previously announced private offers to exchange the 8 outstanding series of notes maturing from 2024 through 2026 (collectively, the old notes), in each case, for newly issued notes of Verizon due 2032 (the new notes) (the exchange offers), on the terms and subject to the conditions set forth in an offering memorandum dated September 2, 2021 (the offering memorandum) and the upsizing of the transactions. In connection with the upsizing, the company has amended the terms of the transactions to increase the maximum aggregate principal amount of new notes that will be issued. The offering memorandum and the accompanying eligibility letter for the exchange offers constitute the exchange offer documents. The withdrawal rights for each exchange offer expired at 5:00 p.m. (Eastern time) on September 16, 2021. The exchange offers will expire at 5:00 p.m. (Eastern time) on October 1, 2021, unless extended or earlier terminated by the company. The companys obligation to accept Old notes tendered in each of the exchange offers is subject to the terms and conditions described in the offering memorandum, including, among other things, the acceptance priority procedures and a cap on the maximum aggregate principal amount of new notes that the company will issue in all of the exchange offers, which the company is hereby increasing to such amount as is necessary to enable it to accept all of the old notes validly tendered at or prior to the early participation date (as amended, the new notes cap). Such increase in the new notes cap shall in no way affect the operation of the applicable acceptance priority procedures. As all conditions applicable to the exchange offers as of the early participation date have been deemed satisfied or waived by the company and the minimum issue requirement for each of the exchange offers has been met, the company expects to settle all old notes validly tendered at or prior to the early participation date on September 20, 2021 (the early settlement date), subject to the terms of the exchange offers, including the new notes cap. because the aggregate principal amount of new notes to be issued in exchange for the old notes validly tendered at or prior to the early participation date and accepted for exchange is expected to equal the new notes cap, the company anticipates that there will be no final settlement date with respect to the exchange offers, and no additional tenders of old notes will be accepted for purchase by the company in the exchange offers after the early participation date. Exchange offers: the company was advised by Global Bondholder Services Corporation, as the information agent and the exchange agent for the exchange offers, that as of the early participation date, the aggregate principal amounts of the old notes were validly tendered and not validly withdrawn with respect to each of the exchange offers. Promptly after 9:00 a.m. (Eastern time), September 17, 2021, the company will issue a press release specifying, among other things, the total exchange price for each series of fixed rate notes; the new notes coupon; the aggregate principal amount of old notes validly tendered at or prior to the applicable early participation date and accepted for exchange in each exchange offer; the proration factor if any to be applied and the aggregate principal amount of new notes to be issued on the early settlement date.