Verizon announces pricing terms of its tender offers for five series of its notes

NEW YORK, Oct. 23, 2017 /PRNewswire/ -- Verizon Communications Inc. ("Verizon") (NYSE, NASDAQ:  VZ) today announced the pricing terms of its previously announced five separate offers to purchase for cash (the "Offers") any and all of the outstanding series of notes listed below (collectively, the "Notes"), on the terms and subject to the conditions set forth in the Offer to Purchase dated October 16, 2017 (the "Offer to Purchase" and, together with the accompanying notice of guaranteed delivery, the "Tender Offer Documents"). Capitalized terms used herein, but not otherwise defined herein, shall have the meanings assigned to such terms in the Offer to Purchase.

On the terms and subject to the conditions set forth in the Offer to Purchase, set forth below is the applicable Total Consideration for each series of Notes, as calculated on the Price Determination Date.

Euro Offer

ISIN	Issuer	Title of Security	Reference Benchmark	Bloomberg Reference Page	Fixed Spread (basis points)	Offer Yield	Total Consideration (1)	Financing Condition Euro Acceptance Priority Level
XS1030900168	Verizon Communications Inc.	2.375% Notes due 2022	EUR February 2022 Interpolated Mid-Swap Rate	ICAE 1	5	0.183%	€1,094.00	1
XS1405767275	Verizon Communications Inc.