LAWFUEL – Law News Network – Debevoise & Plimpton LLP advised Verizon Communications Inc. (NYSE: VZ) on the November 17 spin-off of Idearc Inc. (NYSE: IAR) to shareholders of Verizon. Idearc now owns what were the Verizon domestic print and Internet yellow pages directories publishing operations. Debevoise also acted as counsel to Verizon and Idearc in connection with Idearc’s related offering of $2.85 billion of 8% Senior Notes due 2016 and entry into $6.515 billion of senior secured credit facilities.
Verizon Communications Inc., a Dow 30 company, is a leader in delivering broadband and other wireline and wireless communication innovations to mass market, business, government and wholesale customers. Debevoise & Plimpton LLP is a leading international law firm with offices in New York, London, Paris, Frankfurt, Washington, Moscow, Hong Kong and Shanghai.
The Debevoise team was led by partners Jeffrey J. Rosen and Steven J. Slutzky and included partner Gregory H. Woods III and associates Suzie C. Alway, Michael A. Diz, Gregory Feldman, Xavier P. Grappotte, Clara O’Brien and David W. Wicklund.