Six months after it raised $49 billion in a record-shattering sale of bonds to finance the buyout of Vodafone’s stake in the  Verizon Wireless joint venture, Verizon Communications returned to the bond markets on Monday to raise another $4.5  billion in funds that will be used to redeem $8.2 billion in outstanding company debt. Monday’s sale constitutes the first  U.S. debt offer by Verizon since September’s blockbuster deal. Proceeds from Monday’s sale will be used to fund a tender  offer for $8.2 billion in bonds with maturity dates that range from 2016 to 2018 and that pay coupon rates between 5.5%  and 8.75%. Managed by a consortium of banks that includes Citibank, RBC and Wells Fargo, the sale encompassed five  tranches of debt that included $500 million of floating-rate securities due in 2019 and $1.25 billion in ten-year bonds that  carry a coupon rate of 4.15%. The sale also included (1) $500 million in 2.55% notes, due in 2019, which were priced at 95  basis points over U.S. Treasuries, (2) $1 billion in 3.45% seven-year bonds priced at a spread of 120 basis points, and  (3) $1.25 billion in 5.05% 20-year bonds with a point spread of 135 basis points. Sources report that demand for the  bonds was strong with investors placing $20 billion in orders. Citing recent brisk activity in the corporate bond market in  which total issuance of investment grade debt in the U.S. alone surpassed $50 billion last week, one analyst said of the  timing of the Verizon sale: “it’s a very receptive moment.”