Volkswagen Auto Lease Trust 2025-A prices $1.25B securitization across five note classes

VOLKSWAGEN AUTO LEASE/LOAN UNDERWRITTEN FUNDING, LLC

Aggregate $1.25B: Class A-1 $197.5M, A-2-A $272.5M, A-2-B $241.25M, A-3 $451.25M, A-4 $87.5M.
Prospectus filed June 10, 2025 describing lease pool and note structure.
Legal and tax opinions from Mayer Brown and Richards Layton & Finger dated June 12, 2025.
Notes backed by pool of auto leases and related vehicles from Volkswagen Auto Lease Trust 2025-A.

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