secwatch / observer
8-K filed June 12, 2026, 12:41 PM ET CIK 0002126256
other material confidence high sentiment neutral materiality 0.50

Porsche closes $911M auto lease ABS notes; PILOT 2026-1 issued June 12

Porsche Innovative Lease Owner Trust 2026-1

item 1.01item 9.01

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

Porsche Innovative Lease Owner Trust 2026-1 entered into Administration Agreement with Issuing Entity, PFS, as administrator, and the Indenture Trustee valued at Administration Agreement (effective 2026-06-12).

Action
entry
Agreement
notes offering
Counterparty
Issuing Entity, PFS, as administrator, and the Indenture Trustee
Value
Administration Agreement
Effective
2026-06-12
Exact text from the filing
Administration Agreement, by and among the Issuing Entity, PFS, as administrator, and the Indenture Trustee, relating to the provision by PFS of certain administration services relating to the Issuing Entity relating to the Notes.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Porsche Innovative Lease Owner Trust 2026-1 entered into Transaction SUBI Supplement 2026-1 to Amended and Restated Trust Agreement with Porsche Funding Limited Partnership (PFLP) and Wilmington Trust Company valued at Transaction SUBI Supplement 2026-1 to Amended and Restated Trust Agreement (effective 2026-06-12).

Action
entry
Counterparty
Porsche Funding Limited Partnership (PFLP) and Wilmington Trust Company
Value
Transaction SUBI Supplement 2026-1 to Amended and Restated Trust Agreement
Effective
2026-06-12
Exact text from the filing
Transaction SUBI Supplement 2026-1 to Amended and Restated Trust Agreement, by and among Porsche Funding Limited Partnership (“PFLP”), as settlor and UTI holder, and Wilmington Trust Company, as Origination Trustee (the “Origination Trustee”), pursuant to which the Origination Trust issued the Transaction SUBI Certificate evidencing a special unit of beneficial interest in the Included Units.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Porsche Innovative Lease Owner Trust 2026-1 entered into Amended and Restated Trust Agreement with Porsche Auto Funding LLC (PAF) and Wilmington Trust, National Association valued at Amended and Restated Trust Agreement (effective 2026-06-12).

Action
entry
Counterparty
Porsche Auto Funding LLC (PAF) and Wilmington Trust, National Association
Value
Amended and Restated Trust Agreement
Effective
2026-06-12
Exact text from the filing
Amended and Restated Trust Agreement, by and between PAF and Wilmington Trust, National Association (the “Owner Trustee”), which amended and restated the trust agreement, dated as of November 10, 2025, pursuant to which the Issuing Entity was created.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Porsche Innovative Lease Owner Trust 2026-1 entered into Transaction SUBI Supplement 2026-1 to Amended and Restated Servicing Agreement with PFS, as servicer, the Origination Trust and the Origination Trustee valued at Transaction SUBI Supplement 2026-1 to Amended and Restated Servicing Agreement (effective 2026-06-12).

Action
entry
Counterparty
PFS, as servicer, the Origination Trust and the Origination Trustee
Value
Transaction SUBI Supplement 2026-1 to Amended and Restated Servicing Agreement
Effective
2026-06-12
Exact text from the filing
Transaction SUBI Supplement 2026-1 to Amended and Restated Servicing Agreement, by and among PFS, as servicer, the Origination Trust and the Origination Trustee, pursuant to which PFS agreed to service the Included Units.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Porsche Innovative Lease Owner Trust 2026-1 entered into SUBI Transfer Agreement with Porsche Auto Funding LLC (PAF) and the Issuing Entity valued at SUBI Transfer Agreement (effective 2026-06-12).

Action
entry
Agreement
asset purchase
Counterparty
Porsche Auto Funding LLC (PAF) and the Issuing Entity
Value
SUBI Transfer Agreement
Effective
2026-06-12
Exact text from the filing
SUBI Transfer Agreement, by and between PAF, as seller, and the Issuing Entity, as buyer, pursuant to which PAF transferred to the Issuing Entity the Transaction SUBI Certificate.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Porsche Innovative Lease Owner Trust 2026-1 entered into SUBI Sale Agreement with Porsche Funding Limited Partnership (PFLP) and Porsche Auto Funding LLC (PAF) valued at SUBI Sale Agreement (effective 2026-06-12).

Action
entry
Agreement
asset purchase
Counterparty
Porsche Funding Limited Partnership (PFLP) and Porsche Auto Funding LLC (PAF)
Value
SUBI Sale Agreement
Effective
2026-06-12
Exact text from the filing
SUBI Sale Agreement, by and between PFLP, as seller, and Porsche Auto Funding LLC (“PAF”), as buyer, pursuant to which PFLP transferred to PAF the Transaction SUBI Certificate.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Porsche Innovative Lease Owner Trust 2026-1 entered into Indenture with Issuing Entity and U.S. Bank Trust Company, National Association valued at Indenture (effective 2026-06-12).

Action
entry
Agreement
notes offering
Counterparty
Issuing Entity and U.S. Bank Trust Company, National Association
Value
Indenture
Effective
2026-06-12
Exact text from the filing
Indenture, by and between the Issuing Entity and U.S. Bank Trust Company, National Association (the “Indenture Trustee”), pursuant to which the Notes were issued.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Porsche Innovative Lease Owner Trust 2026-1 entered into Asset Representations Review Agreement with Issuing Entity, PFS, as sponsor and servicer, and Clayton Fixed Income Services LLC valued at Asset Representations Review Agreement (effective 2026-06-12).

Action
entry
Counterparty
Issuing Entity, PFS, as sponsor and servicer, and Clayton Fixed Income Services LLC
Value
Asset Representations Review Agreement
Effective
2026-06-12
Exact text from the filing
Asset Representations Review Agreement, by and among the Issuing Entity, PFS, as sponsor and servicer, and Clayton Fixed Income Services LLC, as asset representations reviewer, relating to the review of certain representations relating to the Included Units.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Porsche Innovative Lease Owner Trust 2026-1 entered into Securities Account Control Agreement with Issuing Entity, PFS, as servicer, the Indenture Trustee and U.S. Bank National Association valued at Securities Account Control Agreement (effective 2026-06-12).

Action
entry
Agreement
notes offering
Counterparty
Issuing Entity, PFS, as servicer, the Indenture Trustee and U.S. Bank National Association
Value
Securities Account Control Agreement
Effective
2026-06-12
Exact text from the filing
Securities Account Control Agreement, by and among the Issuing Entity, PFS, as servicer, the Indenture Trustee and U.S. Bank National Association, as securities intermediary, relating to the maintenance of certain accounts.
View on SEC.gov

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

Source: SEC EDGAR
accession 0001104659-26-073346
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