Free Writing Prospectus
Filed Pursuant to Rule 433
Dated October 1, 2019
Registration Statement Nos. 333-224598 and 333-224598-04
**PX DETAILS** $1.6BN VERIZON ABS (VZOT 2019-C)
Joint Leads: | Barclays (str), Citi, MUFG, RBC |
Co-Managers: | Loop, Scotia, SMBC |
Selling Group: | CastleOak, Williams |
Cls | Size(MM) | WAL | S&P/F** | C/E | BENCH | LAUNCH | YLD | CPN | PRICE |
A1a | 1275.700 | 2.51 | AAA/AAA | 21.25% | IntS | + 41 | 1.951% | 1.94% | 99.99229 |
A1b | 150.000 | 2.51 | AAA/AAA | 21.25% | 1mL | + 42 | - | 1mL+0.42 | 100.00000 |
B | 98.300 | 3.20 | AA+/AA | 15.75% | IntS | + 58 | 2.075% | 2.06% | 99.98110 |
C | 76.000 | 3.20 | A+/A | 11.50% | IntS | + 68 | 2.175% | 2.16% | 99.98382 |
** Expected ratings
-TRANSACTION DETAILS-
Expected Pricing: | PRICED |
Expected Settle: | 10/8/19 |
First Payment Date: | 11/20/2019 |
Rating Agencies: | S&P/Fitch |
ERISA Eligible: | Yes |
Registration: | Public / SEC Registered |
Min Denoms: | $1k x $1k |
Bloomberg Ticker: | VZOT 2019-C |
Bill & Deliver: | Barclays |
RR Compliance: | US – Yes, EU - No |
Pricing Speed: | 100% PPC to 10% clean up call |
-INVESTOR MATERIALS-
*DealRoadshow: www.dealroadshow.com | Code: 5GBUILTRIGHT
*Preliminary Offering Memorandum (attached)
*CDI/Intex: xVZO190C | Code: K664
*DealRoadshow: www.dealroadshow.com | Code: 5GBUILTRIGHT
*Preliminary Offering Memorandum (attached)
*CDI/Intex: xVZO190C | Code: K664
THE ISSUER HAS FILED A REGISTRATION STATEMENT (INCLUDING A PROSPECTUS) WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION (SEC) FOR THIS OFFERING. BEFORE YOU INVEST, YOU SHOULD READ THE PROSPECTUS FOR THIS OFFERING IN THAT REGISTRATION STATEMENT, AND OTHER DOCUMENTS THAT THE ISSUER HAS FILED WITH THE SEC, FOR MORE COMPLETE INFORMATION ABOUT THE ISSUER AND THIS OFFERING. YOU MAY GET THESE DOCUMENTS FOR FREE BY SEARCHING THE SEC ONLINE DATABASE (EDGAR) AT WWW.SEC.GOV. ALTERNATIVELY, YOU MAY OBTAIN A COPY OF THE PROSPECTUS FROM BARCLAYS CAPITAL INC. BY CALLING 1-888-603-5847.