FWP 1 fwp.htm
Free Writing Prospectus
Filed Pursuant to Rule 433
Dated January 19, 2022
Registration Statement Nos. 333-253034 and 333-253034-01
 
$1.7bln Verizon Master Trust Series (VZMT) 2022-1/2022-2
 
Joint Bookrunners: BofA (str), Barclays, Mizuho, Wells Fargo
Co-Managers: SCO, SG
DE&I Coordinator: BofA
DE&I Co-Managers: Academy, Amerivet, Loop

Pricing Reference
 
CLS
SIZE($mm)
WAL
M/S
ARD
LGL
Bench
Yield
Price
Cpn
Bench
22-1 A
798.90
1.49
Aaa/AAA
07/23
01/20/27
J + 27
1.044
99.99745
1.04
~+ 4
22-1 B
64.10
1.49
Aa2/AA
07/23
01/20/27
J + 50
1.274
99.99908
1.27
~+27
22-1 C
37.00
1.49
A2/A+
07/23
01/20/27
J + 63
1.404
99.98544
1.39
~+40
           
                     
22-2 A
710.10
2.99
Aaa/AAA
01/25
07/20/28
J + 22
1.543
99.97649
1.53
~+ 7
22-2 B
57.00
2.99
Aa2/AA
01/25
07/20/28
J + 52
1.843
99.98270
1.83
~+37
22-2 C
32.90
2.99
A2/A+
01/25
07/20/28
J + 70
2.023
99.98691
2.01
~+55

Bill/Deliver:
BofA
Registration:
Public / SEC registered
Exp Settle:
01/25/22
First Pay:
02/22/22
ERISA Eligible:
Yes
RR Compliance:
US - Yes, EU - No
Exp Ratings:
Moody's and S&P
Min Denoms:
$1k x $1k
       
Pxg Speed:
N/A; 2022-1: 07/23 ARD, 2022-2: 01/25 ARD (soft-bullets)
Pxg Benchmark:
interpolated US Treasury Actives Curve (Bloomberg I25), Ask YTM
Ref Benchmark:
22-1; EDSF 22-2; interp Libor swaps (IRSB)
       
BBRG Tickers:
VZMT 2022-1, VZMT 2022-2
BBRG SSAP:
"TMT1", "TMT2"

DealRoadshow: www.dealroadshow.com; Password "ULTRA5G"
IntexNet: "basvzmt2201_upsize"; Password "6XYK"
"basvzmt2202_upsize"; Password "4B77"

CUSIPs
22-1 A: 92348KAL7
22-2 A: 92348KAH6
 
22-1 B: 92348KAM5
22-2 B: 92348KAJ2
 
22-1 C: 92348KAN3
22-2 C: 92348KAK9
 

          
                     
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-294-1322 or you may e-mail a request to prospectus_request@bofa.com.