debt
confidence high
sentiment neutral
materiality 0.15
Mercedes-Benz Auto Lease Trust 2026-B issues $1.002B ABS underwritten by Credit Agricole, SMBC Nikko, TD Securities
Mercedes-Benz Auto Lease Trust 2026-B
- Mercedes-Benz Auto Lease Trust 2026-B issued $1,002,400,000 principal amount of Asset Backed Notes under a prospectus dated October 14, 2026.
- Underwriting Agreement dated October 14, 2026 among Mercedes-Benz Trust Leasing, MBFS USA and representatives Credit Agricole Securities (USA), SMBC Nikko Securities America and TD Securities (USA).
- Indenture dated October 1, 2026 with U.S. Bank Trust Company NA as indenture trustee; Amended and Restated Trust Agreement with Wilmington Trust NA as owner trustee.
- MBFS USA sells 2026-B leases/vehicles via First-Tier and Second-Tier Sale Agreements to Mercedes-Benz Trust Leasing and the Issuer; MBFS USA serves as servicer and lender.
- Control Agreement covers Reserve Account 288906002 and Distribution Account 288906001, perfected as first-priority by control under Articles 8 and 9 of the NY UCC.