---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-037375"
form_type: "8-K"
ticker: null
cik: "0001182534"
company_name: "VOLKSWAGEN AUTO LEASE/LOAN UNDERWRITTEN FUNDING, LLC"
filed_at: "2024-03-21T23:59:59+00:00"
generated_at: "2026-06-04T09:34:58.666305+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# $1.5B Volkswagen Auto Lease Trust 2024-A notes priced, closing March 27

## Summary
- Volkswagen Auto Lease Trust 2024-A to issue $1.5B in notes across five classes (A-1, A-2-A, A-2-B, A-3, A-4).
- Underwriting agreement with J.P. Morgan Securities LLC as representative; closing on March 27, 2024.
- Proceeds used to acquire a 100% beneficial interest in a pool of auto leases via a Transaction SUBI structure.
- VW Credit, Inc. acts as sponsor and servicer; transaction documents include Indenture, SUBI supplements, and sale agreements.

## SEC filing metadata
- accession: 0001104659-24-037375
- form_type: 8-K
- cik: 0001182534
- company_name: VOLKSWAGEN AUTO LEASE/LOAN UNDERWRITTEN FUNDING, LLC
- filed_at: 2024-03-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1182534/000110465924037375/0001104659-24-037375-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1182534/000110465924037375/tm248512d14_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-037375
- JSON: https://secwatch.observer/filing/0001104659-24-037375.json
- Plain text: https://secwatch.observer/filing/0001104659-24-037375.txt

## Key facts
- Material Agreements
  VOLKSWAGEN AUTO LEASE/LOAN UNDERWRITTEN FUNDING, LLC entered into Underwriting Agreement with J.P. Morgan Securities LLC, on its own behalf and as representative of the several underwriters thereunder valued at aggregate principal balance of $1,500,000,000 (effective 2024-03-19).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: J.P. Morgan Securities LLC, on its own behalf and as representative of the several underwriters thereunder
  - Value: aggregate principal balance of $1,500,000,000
  - Effective: 2024-03-19
  source text: On March 19, 2024 , Volkswagen Auto Lease/Loan Underwritten Funding, LLC (“VALU Funding”), VW Credit, Inc. (“VCI”) and J.P. Morgan Securities LLC, on its own behalf and as representative of the several underwriters thereunder (the “Underwriters”) entered into an Underwriting Agreement, pursuant to which notes in the following classes: Class A-1, Class A-2-A, Class A-2-B, Class A-3 and Class A-4 (collectively, the “Notes”) with an aggregate principal balance of $1,500,000,000 were sold to the Underwriters.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1182534/000110465924037375/0001104659-24-037375-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.