secwatch.observer — SEC 8-K summary ====================================== Issuer: VOLKSWAGEN AUTO LEASE/LOAN UNDERWRITTEN FUNDING, LLC (—) CIK: 0001182534 Form: 8-K Filed at: 2025-11-25T23:59:59+00:00 Accession: 0001104659-25-115892 Event type: other_material Sentiment: neutral Materiality: 0.50 Item codes: 1.01, 9.01 LLM model: deepseek-v4-flash:cloud@v2 Volkswagen Auto Loan Enhanced Trust 2025-2 closes $1B ABS notes issuance ------------------------------------------------------------------------ - $1,000,000,000 aggregate initial principal of Class A-1 through A-4 notes issued on November 25, 2025. - Net pool balance of $1,141,319,033.76 as of Cut-Off Date, backed by auto retail contracts and loans. - Multiple definitive agreements executed including purchase, sale & servicing, indenture, and administration. - VW Credit, Inc. serves as sponsor and servicer; Depositor is Volkswagen Auto Lease/Loan Underwritten Funding, LLC. - Clayton Fixed Income Services LLC appointed as asset representations reviewer. Source: EDGAR index: https://www.sec.gov/Archives/edgar/data/1182534/000110465925115892/0001104659-25-115892-index.htm Primary doc: https://www.sec.gov/Archives/edgar/data/1182534/000110465925115892/tm2530801d15_8k.htm HTML page: https://secwatch.observer/filing/0001104659-25-115892 License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer