Verizon ABS II LLC 8-K

What Happened

• Verizon ABS II LLC (the Trust) filed an 8-K (Item 1.01) disclosing that on June 30, 2026 it issued Series 2026-2 asset-backed notes with an aggregate initial principal of $1.2 billion, as described in the final prospectus dated June 25, 2026.
• Executed copies of the Indenture (between the Trust and U.S. Bank Trust Company, National Association, as indenture trustee and note paying agent) and the Series 2026-2 Account Control Agreement (naming U.S. Bank Trust Company as secured party and U.S. Bank National Association as financial institution) were filed with the report.

Key Details

• Note classes and initial balances: Class A-1a $994,210,000; Class A-1b $75,000,000; Class B $81,740,000; Class C $49,050,000.
• Closing Date: June 30, 2026. Final prospectus date: June 25, 2026.
• Trustee/agents: U.S. Bank Trust Company, National Association (indenture trustee and note paying agent); U.S. Bank National Association (financial institution under account control agreement).
• The filing is an Item 1.01 entry into a material definitive agreement; financial statements were not required or provided in this 8-K (Item 9.01 not applicable).

Why It Matters

• This filing documents a securitization transaction that raises $1.2 billion secured by receivables in the Verizon Master Trust; it creates new classes of asset-backed securities that investors may purchase or evaluate.
• The executed Indenture and Account Control Agreement establish the legal and operational framework (trustee, payment mechanics, and account control) for the Series 2026-2 notes, which is material to holders and potential buyers of the securities.