secwatch.observer — SEC 8-K summary
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Issuer:     VOLKSWAGEN AUTO LEASE/LOAN UNDERWRITTEN FUNDING, LLC (—)
CIK:        0001182534
Form:       8-K
Filed at:   2024-03-28T23:59:59+00:00
Accession:  0001104659-24-040335
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Volkswagen Auto Lease Trust 2024-A closes $1.5B asset-backed note issuance
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- Issued $1.5B aggregate principal of Class A-1, A-2-A, A-2-B, A-3, A-4 Asset Backed Notes on March 27, 2024.
- Notes backed by Volkswagen and Audi auto lease receivables; VW Credit, Inc. as servicer.
- Seven definitive agreements executed including Indenture with Citibank N.A. as indenture trustee.
- Proceeds used for securitization funding via a special unit of beneficial interest (SUBI) structure.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1182534/000110465924040335/0001104659-24-040335-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1182534/000110465924040335/tm2410003d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-040335

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