# EDGAR Filing Document

**Accession Number:** 0001844964
**File Stem:** 0000929638-25-003421
**Filing Date:** 2025-9
**Character Count:** 3775
**Document Hash:** 6576a51e2c793e8fcabb322bfecb84e1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000929638-25-003421.hdr.sgml**: 20250910

**ACCESSION NUMBER**: 0000929638-25-003421

**CONFORMED SUBMISSION TYPE**: FWP

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250910

**DATE AS OF CHANGE**: 20250910

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Verizon Master Trust
- **CENTRAL INDEX KEY:** 0001844964
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **EIN:** 866471965
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** FWP
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-278415-01
- **FILM NUMBER:** 251306606

**BUSINESS ADDRESS:**
- **STREET 1:** C/O WILMINGTON TRUST, NA
- **STREET 2:** 1100 NORTH MARKET STREET
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19890-1605
- **BUSINESS PHONE:** 866-829-1928

**MAIL ADDRESS:**
- **STREET 1:** C/O WILMINGTON TRUST, NA
- **STREET 2:** 1100 NORTH MARKET STREET
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19890-1605
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Verizon ABS II LLC
- **CENTRAL INDEX KEY:** 0001836995
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **EIN:** 232259884
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** FWP

**BUSINESS ADDRESS:**
- **STREET 1:** ONE VERIZON WAY
- **CITY:** BASKING RIDGE
- **STATE:** NJ
- **ZIP:** 07920
- **BUSINESS PHONE:** 212-395-1000

**MAIL ADDRESS:**
- **STREET 1:** ONE VERIZON WAY
- **CITY:** BASKING RIDGE
- **STATE:** NJ
- **ZIP:** 07920

#### Free Writing Prospectus

#### Filed Pursuant to Rule 433

#### Dated September 10, 2025

#### Registration Statement Nos. 333-278415 and 333-278415-01

\*\*PRICING DETAILS\*\* $900 million Verizon Master Trust ("VZMT") Series 2025-7 (Device Payment Plans)

Joint Bookrunners : Wells Fargo Securities (Str), BNP Paribas, Mizuho, and TD Securities

Co-Managers : Scotiabank, Loop Capital, and Siebert Williams

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SERIES | CLS | AMT($MM) | WAL | P.WIN | F/S | ARD | L-FINAL | BENCH | SPD | YLD% | CPN% | $PRICE |
| 2025-7 | A-1a | 601.430 | 2.93 | 36-36 | AAA/AAA | 08/21/28 | 08/20/31 | I-CRV | + 52 | 4.000 | 3.960 | 99.98041 |
| 2025-7 | A-1b | 200.470 | 2.93 | 36-36 | AAA/AAA | 08/21/28 | 08/20/31 | SOFR30A | + 52 |  |  | 100.00000 |
| 2025-7 | B | 61.310 | 2.93 | 36-36 | AA/AA | 08/21/28 | 08/20/31 | I-CRV |  | RETAINED | RETAINED |  |
| 2025-7 | C | 36.790 | 2.93 | 36-36 | A+/A | 08/21/28 | 08/20/31 | I-CRV | + 97 | 4.450 | 4.400 | 99.97441 |

---

-Transaction Details-

Deal Size: $900,000,000

Registration: SEC Registered

ERISA Eligible: Yes

RR Compliance: US-Yes, EU-No, UK-No

Expected Ratings: Fitch / S&P

Expected Settlement: 09/16/25

First Pay Date: 10/20/25

Pricing Speed: 100% PPC

Min Denoms: $1k x $1k

Bloomberg Ticker: VZMT 2025-7

Bill & Deliver: Wells Fargo Securities

-Available Materials-

Preliminary Prospectus and FWP: (attached)

Intex CDI File: (attached)

Intexnet Dealname: wsvzmt202507; Password: U33V

Deal Roadshow: www.dealroadshow.com; Password: SundayTktOnUs

Direct Link: https://dealroadshow.com/e/SundayTktOnUs

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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.