debt
confidence high
sentiment neutral
materiality 0.20
Verizon ABS trust reduces Series 2025-6 Class B note rate to 4.85% from 4.86%
Verizon ABS II LLC
- Interest rate on $20.44M Class B Notes cut 1 bp to 4.85%, effective July 31, 2025.
- Amendment No. 1 to Series 2025-6 Indenture executed to implement the rate change.
- Transfer Agreement entered for True-up Trust to sell Class B Notes to Depositor at agreed price.
- Sole Class B Noteholder (Verizon DPPA True-up Trust) consented to the amendment.
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