Verizon ABS II enters underwriting for $205M in notes; interest rates revised lower

Verizon ABS II LLC

Entered underwriting agreements on Aug 7, 2025, for Class B & C notes totaling $205.04M.
Series 2023-4 Class B: $54.5M at 4.57%; Series 2023-7 Class C: $24.52M at 4.61%.
Series 2024-1 Class B: $85.15M at 4.69%; Series 2025-5 Class B: $40.87M at 4.42%.
On Aug 14, 2025, Transfer Agreement and indenture amendments will reduce interest rates for these notes.
Example: 2023-4 Class B rate cut from 5.40% to 4.57% per Amendment No. 1.

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