secwatch.observer — SEC 8-K summary
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Issuer:     Porsche Innovative Lease Owner Trust 2026-1 (—)
CIK:        0002126256
Form:       8-K
Filed at:   2026-06-12T16:41:37+00:00
Accession:  0001104659-26-073346
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Porsche closes $911M auto lease ABS notes; PILOT 2026-1 issued June 12
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- Class A-1/A-2a/A-2b/A-3/A-4 notes aggregate initial principal $911M issued June 12, 2026.
- Issuing entity: Porsche Innovative Lease Owner Trust 2026-1; depositor: Porsche Auto Funding LLC.
- Notes backed by a pool of auto leases and vehicles (Transaction SUBI Portfolio).
- Proceeds used to fund purchase of SUBI certificate from Porsche Funding Limited Partnership.
- Indenture trustee: U.S. Bank Trust Company; servicer: Porsche Financial Services.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2126256/000110465926073346/0001104659-26-073346-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1541507/000110465926073346/tm2615407d14_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-073346

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