UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): March 13, 2019
VERIZON OWNER TRUST2019-A
(Exact name of Issuing Entity as specified in its charter)
Commission File Number:333-224598-02
Central Index Key: 0001767530
VERIZON ABS LLC
(Exact name of Depositor/Registrant as specified in its charter)
Central Index Key: 0001737286
Delaware | 333-224598 | 22-3372889 | ||
(State or Other Jurisdiction of Incorporation of Registrant) | (Commission File Number of Registrant) | (IRS Employer Identification No. of Registrant) |
CELLCO PARTNERSHIP
(Exact name of Sponsor as specified in its charter)
Central Index Key: 0001175215
One Verizon Way Basking Ridge, New Jersey | 07920 | |
(Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (212)395-1000
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant to Rule14a-12 under the Exchange Act (17 CFR240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule14d-2(b) under the Exchange Act (17 CFR240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule13e-4(c) under the Exchange Act (17 CFR240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule12b-2 of the Securities Exchange Act of 1934(§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. | ☐ |
Item 1.01 | Entry into a Material Definitive Agreement. |
On March 13, 2019, Verizon ABS LLC transferred certain device payment plan agreements (the “Receivables”) to Verizon Owner Trust2019-A (the “Trust”). The Trust granted a security interest in the Receivables to U.S. Bank National Association, as indenture trustee (the “Indenture Trustee”), for the benefit of the noteholders, and issued:(i) Class A-1a Asset-Backed Notes with an initial note balance of $900,000,000; (ii)Class A-1b Asset-Backed Notes with an initial note balance of $100,000,000; (iii) Class B Asset-Backed Notes with an initial note balance of $69,000,000; and (iv) Class C Asset-Backed Notes with an initial note balance of $53,300,000 (collectively, the “Notes”). This Current Report on Form8-K is being filed to file executed copies of the Indenture, the Amended and Restated Trust Agreement, the Originator Receivables Transfer Agreement, the Master Trust Receivables Transfer Agreement, the Transfer and Servicing Agreement, the Administration Agreement, the Account Control Agreement, the Parent Support Agreement, the Asset Representations Review Agreement and the ISDA Master Agreement, Schedule and Credit Support Annex (as listed below) executed in connection with the issuance of the Notes.
Item 9.01. | Financial Statements and Exhibits. |
(a) | Not applicable. |
(b) | Not applicable. |
(c) | Not applicable. |
(d) | Exhibits: |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
VERIZON ABS LLC | ||
By: | /s/ Kee Chan Sin | |
Name: Kee Chan Sin | ||
Title: Chief Financial Officer |
Date: March 13, 2019