debt
confidence high
sentiment neutral
materiality 0.50
GM Financial Auto Lease Trust 2026-2 issues $1.25B in seven classes of asset-backed notes
GM Financial Automobile Leasing Trust 2026-2
- $1.25B total notes: $167.2M A-1 (3.831%), $300M A-2-A (4.12%), $141.25M A-2-B (float), $441.25M A-3 (4.30%), $82M A-4 (4.36%), $61.8M B (4.60%), $57M C (4.70%).
- Sealed on May 14, 2026; proceeds used to purchase exchange note backed by designated pool of auto leases.
- Underwriters led by Citi, J.P. Morgan, SG Americas, TD Securities; GM Financial services the lease assets.
- Issuing entity formed; Certificate issued; various agreements including Indenture, Trust Agreement, Servicing Supplement executed.
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