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29.05.2014 16:35:00

Cellco Partnership -- Moody's says Verizon's planned debt exchange offer is modestly credit positive

New York, May 29, 2014 -- Moody's Investors Service said that Verizon Communications Inc.'s offer to exchange up to GBP600,000,000 of Cellco Partnership and Verizon Wireless Capital LLC 8.875% Notes due December 18, 2018 is modestly credit positive, but does not impact the company's ratings or outlook at present. For further information please see the issuer comment posted to www.moodys.com.

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