Free Writing Prospectus
Filed Pursuant to Rule 433
Dated January 20, 2023
Registration Statement Nos. 333-253034 and 333-253034-01
Verizon (VZMT) 2023-1 (Device Payment Plans) * PRICING DETAILS *
$1bn Verizon Master Trust Series (VZMT) 2023-1
Joint Bookrunners: Wells Fargo (str), BOA, SMBC, TD
Co-Managers: Scotia Capital, Societe Generale, Truist
DE&I Coordinator: Wells Fargo
DE&I Co-Managers: Academy, Ramirez
CL | Size(mm) | WAL | F/M | LGL | BENCH^ | SPD | YLD% | CPN% | $PRICE | |
A | $891.010 | 2.98 | AAA/Aaa | 1/22/29 | I-Curv | + 70 | 4.540 | 4.490 | 99.97880 | |
B | $68.120 | 2.98 | AA+/Aa1 | 1/22/29 | I-Curv | + n/a | ||||
C | $40.870 | 2.98 | A+/A1 | 1/22/29 | I-Curv | + 120 | 5.040 | 4.980 | 99.97833 |
Orders prior to announcement will receive preferential treatment
^ Bloomberg GC I25; "Interpolated Curves"; "Mid YTM"
Registration: Publicly offered / SEC registered
Exp. Ratings: Fitch and Moody's
Bill & Deliver: Wells Fargo
ERISA Eligible: Yes
First Pay: 2/21/2023
Min. Denoms.: $1k x $1k
RR Compliance: US – Yes; EU-No; UK-No
Pxg Speed: N/A; 1/20/2026 ARD (soft-bullet)
Exp Settlement: 1/26/2023
BBRG Tickers: VZMT 2023-1
BBRG SSAP: "VMT2301"
DealRoadshow: www.dealroadshow.com; Password "ULTRA5G"
IntexNet: Dealname "wsvzmt202301"; Password "72XX"
If this communication relates to an offering of US registered securities (i) a registration statement has been filed with the SEC, (ii) before investing you should read the filed documents, and (iii) you may obtain these documents from your sales representative, by calling 1-800-645-3751 (option 5) or visiting www.sec.gov.