Volkswagen Auto Lease Trust 2025-A issues $1.25B in asset-backed notes

VOLKSWAGEN AUTO LEASE/LOAN UNDERWRITTEN FUNDING, LLC

Issued Class A-1, A-2-A, A-2-B, A-3 and A-4 notes on June 17, 2025.
Aggregate initial principal amount of $1,250,000,000.
Notes backed by retail automobile leases and related assets from VW Credit Leasing, Ltd.
Transaction SUBI Supplement and other agreements executed to transfer lease portfolio.
Proceeds used to fund purchase of beneficial interest in lease portfolio from VW Credit, Inc.

item 1.01item 9.01

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