Free Writing Prospectus
Filed Pursuant to Rule 433
Dated April 16, 2024
Registration Statement Nos. 333-253034 and 333-253034-01
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ABS: $875MM Verizon Device Payment Plan (VZMT 2024-3) *Pricing Details*
Joint Bookrunners: Wells Fargo (str), Mizuho, RBC, and SMBC
DE&I Co-managers: C.L. King & Associates, Great Pacific Securities, and Mischler Financial
Co-managers: Barclays and BNP Paribas
| CLS | SIZE(MM) | WAL | P.WIN | F/M | ARD | L.FINAL | BENCH | SPD | YLD% | CPN% | $PX |
| A-1a | 604.635 | 2.99 | 36-36 | AAA/Aaa | 04/20/27 | 04/22/30 | I-CRV | +58 | 5.408 | 5.340 | 99.97786 |
| A-1b | 175.000 | 2.99 | 36-36 | AAA/Aaa | 04/20/27 | 04/22/30 | SOFR30A | +58 | 100.00000 | ||
| B | 59.605 | 2.99 | 36-36 | AA+/Aa1 | 04/20/27 | 04/22/30 | I-CRV | +78 | 5.608 | 5.540 | 99.99025 |
| C | 35.760 | 2.99 | 36-36 | AA-/A1 | 04/20/27 | 04/22/30 | I-CRV | +98 | 5.808 | 5.730 | 99.97557 |
-TRANSACTION DETAILS-
| Deal Size | : $875MM |
| Formal Announcement | : 4/15/24 |
| Formal Pricing | : 4/16/24 |
| Exp. Settlement | : 4/23/24 |
| First Pay Date | : 5/20/24 |
| Registration | : SEC Registered |
| ERISA Eligible | : Yes |
| RR Compliance | : US-Yes, EU-No, UK-No |
| Exp. Ratings | : Fitch and Moody's |
| Min Denoms | : $1k x $1k |
| Pricing Speed | : N/A - Soft Bullet 04/20/2027 Anticipated Redemption Date (ARD) |
| Bloomberg Ticker | : VZMT 2024-3 |
| B&D | : Wells Fargo |
-MARKETING MATERIALS-
Preliminary Prospectus, CDI and FWP: Attached
Intex: Dealname: wsvzmt202403 | Password: 6JU6
DealRoadshow: https://dealroadshow.com | Password (Case Sensitive): ULTRA5G
Direct Link: https://dealroadshow.com/e/ULTRA5G
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 or visiting www.sec.gov.