VW issues $1.71B in asset-backed notes via Volkswagen Auto Lease Trust 2026-A

VOLKSWAGEN AUTO LEASE/LOAN UNDERWRITTEN FUNDING, LLC

$1.71B aggregate principal of Class A-1 through A-4 notes sold to underwriters; closing March 24, 2026.
Notes backed by retail auto leases and related assets from VW Credit Leasing Ltd. Origination Trust.
Transaction structured via SUBI certificate transfer through VALU Funding to the Issuing Entity.
VCI remains servicer; documents include Indenture, Administration Agreement, and Asset Representations Review Agreement.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

VOLKSWAGEN AUTO LEASE/LOAN UNDERWRITTEN FUNDING, LLC entered into Underwriting Agreement with RBC Capital Markets, LLC, on its own behalf and as representative of the several underwriters valued at $1,710,000,000 (effective 2026-03-17).

Action: entry
Agreement: underwriting
Counterparty: RBC Capital Markets, LLC, on its own behalf and as representative of the several underwriters
Value: $1,710,000,000
Effective: 2026-03-17

Exact text from the filing

On March 17, 2026, Volkswagen Auto Lease/Loan Underwritten Funding, LLC (“VALU Funding”), VW Credit, Inc. (“VCI”) and RBC Capital Markets, 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 $1,710,000,000 were sold to the Underwriters.

View on SEC.gov

299 material agreements filed in the last 30 days. Browse all material agreements →

Source: SEC EDGAR

accession 0001104659-26-032031

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.