secwatch.observer — SEC 8-K summary
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Issuer:     BMW Vehicle Lease Trust 2026-2 (—)
CIK:        0002153325
Form:       8-K
Filed at:   2026-10-09T17:49:57+00:00
Accession:  0000929638-26-003874
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

BMW Vehicle Lease Trust 2026-2 prices $1.25B asset-backed note offering, closing Oct 14
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- Underwriting Agreement dated Oct 7, 2026 among BMW Auto Leasing LLC, BMW Financial Services NA, and BofA Securities for sale of BMW Vehicle Lease Trust 2026-2 notes.
- Notes classes: $223.0M A-1, $305.6M A-2a, $175.0M A-2b, $480.6M A-3, $65.8M A-4; aggregate $1.25B; closing on/about Oct 14, 2026.
- On closing, BMW Manufacturing L.P. and BNY Mellon Trust of Delaware execute 2026-2 Vehicle Trust Supplement, creating 2026-2 SUBI backed by 2026-2 Leases and Vehicles; cutoff date Aug 31, 2026.
- Monthly payment dates start Nov 25, 2026; indenture trustee U.S. Bank Trust Company, owner trustee Wilmington Trust, asset representations reviewer Clayton Fixed Income Services.
- Vehicle schedule includes VIN, origination date, ALG residual value (July/August 2026), contract residual, securitization value as of cutoff, monthly payment, months remaining.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2153325/000092963826003874/0000929638-26-003874-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1126530/000092963826003874/bmw2026-2_8k.htm
  HTML page:      https://secwatch.observer/filing/0000929638-26-003874

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