VERIZON COMMUNICATIONS INC — Capital/Financing Update 2023

Jun 20, 2023

424B2 1 d467254d424b2.htm 424B2 424B2

Filed under Rule 424(b)(2), File No. 333-267245

Pricing Supplement No. 135 - Dated Tuesday, June 20, 2023 (To: Prospectus dated September 2, 2022 and Prospectus Supplement dated September 2, 2022)

CUSIP Number	Principal Amount	Selling Price	Gross Concession	Net Proceeds	Coupon Type	Coupon Rate	Coupon Frequency	Maturity Date	1st Coupon Date	1st Coupon Amount	Survivor’s Option	Product Ranking
92346MLG4	$691,000.00	100.00%	1.450%	$680,980.50	Fixed	5.050%	Semi-Annual	06/15/2030	12/15/2023	$24.13	Yes	Senior Unsecured Notes
Redemption Information: Callable at 100% on 6/15/2024 and any time thereafter with 10 calendar days notice.
Verizon Communications Inc.				Offering Date: Monday, June 12, 2023 through Tuesday, June 20, 2023							Verizon Communications Inc.
One Verizon Way				Trade Date: Tuesday, June 20, 2023 @ 12:00 PM ET							Verizon InterNotes ®
Basking Ridge, New Jersey 07920-1097				Settle Date: Friday, June 23, 2023							Prospectus dated September 2, 2022 and Prospectus
				Minimum Denomination/Increments: $1,000.00/$1,000.00							Supplement dated September 2, 2022
				Initial trades settle flat and clear SDFS: DTC Book Entry only
				DTC Number 0235 via RBC Dain Rauscher Inc
				Joint Lead Manager and Lead Agent: InspereX Agents: BofA Securities, Citigroup, Morgan Stanley, RBC Capital Markets, Wells Fargo Advisors Except for Notes sold to level-fee accounts, Notes
offered to the public will be offered at the public offering price set forth in this Pricing Supplement. Agents purchasing Notes on an agency basis for non-level fee client accounts shall purchase Notes at the
public offering price. Notes purchased by the Agents for their own account may be purchased at the public offering price less the applicable concession. Notes purchased by the Agents on behalf of level-fee accounts may be sold to such accounts at the applicable concession to the public offering price, in which case, such Agents will not retain any portion of the sales price as compensation. If the maturity date or an interest payment date for any note is not a business day (as
defined in the prospectus supplement), principal, premium, if any, and interest for that note is paid on the next business day, and no interest will accrue from, and after, the maturity date or interest payment date. The Verizon InterNotes ® will be
represented by a Master Note in fully registered form, without coupons. The Master Note will be deposited with, or on behalf of, DTC and registered in the name of a nominee of DTC, as depository, or another depository as may be named in a subsequent
pricing supplement.