0000929638-23-001189.txt : 20230418 0000929638-23-001189.hdr.sgml : 20230418 20230418170450 ACCESSION NUMBER: 0000929638-23-001189 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20230418 DATE AS OF CHANGE: 20230418 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Verizon Master Trust CENTRAL INDEX KEY: 0001844964 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 866471965 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-253034-01 FILM NUMBER: 23827629 BUSINESS ADDRESS: STREET 1: C/O WILMINGTON TRUST, NA STREET 2: 1100 NORTH MARKET STREET CITY: WILMINGTON STATE: DE ZIP: 19890-1605 BUSINESS PHONE: 866-829-1928 MAIL ADDRESS: STREET 1: C/O WILMINGTON TRUST, NA STREET 2: 1100 NORTH MARKET STREET CITY: WILMINGTON STATE: DE ZIP: 19890-1605 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Verizon ABS II LLC CENTRAL INDEX KEY: 0001836995 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 232259884 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: ONE VERIZON WAY CITY: BASKING RIDGE STATE: NJ ZIP: 07920 BUSINESS PHONE: 212-395-1000 MAIL ADDRESS: STREET 1: ONE VERIZON WAY CITY: BASKING RIDGE STATE: NJ ZIP: 07920 FWP 1 vzmt2023-2_fwp.htm
Free Writing Prospectus
Filed Pursuant to Rule 433
Dated April 18, 2023
Registration Statement Nos. 333-253034 and 333-253034-01

 
$1 billion Verizon Master Trust (VZMT), Series 2023-2 (Device Payment Plans)
 
Joint Bookrunners:
RBC (str), BofA, Citi, MIZ
Co-Managers:
Scotia, US Bancorp
DE&I Coordinator:
RBC
DE&I Co-Managers:
Great Pacific, Mischler, Siebert Williams
 

CLS
SIZE(mm)
WAL
S/F
P-WIN
E-FIN/ARD
BENCH
SPRD
YLD
CPN
PX
A
891.01
1.99
AAA/AAA
24-24
04/21/25
I-CRV
+ 75
4.941
4.89
99.99843
B
68.12
1.99
AA/AA+
24-24
04/21/25
I-CRV
Retained
      
C
40.87
1.99
A+/AA-
24-24
04/21/25
I-CRV
+ 125
5.441
5.38
99.99952

 
-The transaction formally announced on Monday, April 17th
 

 
Expected Pricing:
PRICED
Offered Amount:
$1,000,000,000
Expected Settle:
04/25/23
Registration:
Public/SEC-Registered
First Payment Date:
05/22/23
ERISA Eligible:
Yes
Ratings:
S&P / Fitch
RR Compliance:
US-Yes, EU-No, UK-No
Bloomberg Ticker:
VZMT 2023-2
Pricing Speed:
N/A - Soft Bullet
Bloomberg SSAP:
"VZMT20232"

04/21/2025 Anticipated Repayment Date (ARD)
B&D:
RBC
Min Denoms:
$1k x $1k

----- CUSIPs ------ ISINs ------------
A 92348K BL6
US92348K BL61
B 92348K BM4
US92348K BM45
C 92348K BN2
US92348K BN28
-------------------------------------------

 
-MARKETING MATERIALS-
Preliminary Prospectus/Supplement and Free Writing Prospectus (attached)
Investor Presentation:
www.dealroadshow.com;
Password:
"vzvalue"
IntexNet Dealname:
"RBCVZMT2302_2YR_UPSIZE"
Password:
"6X7U"


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 1 866 375-6829.