Verizon ABS II LLC 8-K

What Happened
Verizon Master Trust (reported by Verizon ABS II LLC) issued four classes of asset-backed notes on March 13, 2026, with an initial aggregate principal amount of $1,650,000,000. The filing states executed copies of a new Indenture and a Series 2026-1 Account Control Agreement were entered into in connection with the issuance. The notes are described in the final prospectus dated March 5, 2026.

Key Details

• Total initial note balances: Class A-1a $1,102,623,000; Class A-1b $367,541,000; Class B $112,398,000; Class C $67,438,000 (aggregate $1.65B).
• Closing Date: March 13, 2026.
• Agreements filed: Indenture between the Trust and U.S. Bank Trust Company, National Association (indenture trustee and note paying agent); Series 2026-1 Account Control Agreement among the Trust, U.S. Bank Trust Company (secured party) and U.S. Bank National Association (financial institution).
• Notes are further described in the final prospectus dated March 5, 2026.

Why It Matters
This is a financing/securitization transaction that raises $1.65 billion of funding for assets in the Verizon Master Trust. For investors, the filing documents the formal legal arrangements (indenture and account control agreement) that govern these new asset-backed securities and identifies the trustee and financial institution roles. The 8-K does not report earnings or management changes; it is focused on the issuance and related agreements for these securities.