Verizon ABS II LLC 8-K

What Happened
Verizon ABS II LLC (through the Verizon Master Trust) announced an underwriting agreement dated June 25, 2026 with RBC Capital Markets, Morgan Stanley, Santander US and TD Securities to sell Series 2026-2 asset-backed notes. The Trust expects to close on or about June 30, 2026 and issue four classes of notes with initial balances of: Class A-1a $994,210,000; Class A-1b $75,000,000; Class B $81,740,000; and Class C $49,050,000 (total $1,200,000,000). The filing also notes that on the Closing Date the Trust will enter into an Indenture with U.S. Bank Trust Company, National Association as indenture trustee and a Series 2026-2 Account Control Agreement with U.S. Bank National Association to grant account control to the trustee. The Underwriting Agreement, Indenture form, Account Control Agreement form and other related documents are filed as exhibits.

Key Details

• Underwriting Agreement signed June 25, 2026; expected closing on or about June 30, 2026.
• Notes by class: A-1a $994,210,000; A-1b $75,000,000; B $81,740,000; C $49,050,000 (total $1.2B).
• Lead underwriters/representatives: RBC Capital Markets, Morgan Stanley, Santander US Capital Markets, TD Securities (USA).
• Trustee/payment agent: U.S. Bank Trust Company, National Association; Account Control Agreement with U.S. Bank National Association; Depositor certification (Exhibit 36.1) included.

Why It Matters
This 8-K documents a planned securitization funding transaction: the Trust will issue secured asset-backed notes backed by receivables and related accounts, with legal documentation (indenture and account control) filed to protect noteholders’ interests. For investors, the filing signals a $1.2 billion ABS issuance by the Verizon Master Trust and identifies the underwriting syndicate and trustee arrangements; detailed terms and credit characteristics will be in the offering documents and final agreements filed at closing.