Porsche Auto Funding LLC has filed a prospectus dated September 23, 2026, for the Porsche Financial Auto Securitization Trust 2026-1. The filing outlines the issuance of Asset Backed Notes (ABS) with a total aggregate principal amount of $850.5 million.
The offering structure consists of five classes of notes:
- Class A-1 Notes: $200,000,000
- Class A-2a Notes: $225,500,000
- Class A-2b Notes: $100,000,000
- Class A-3 Notes: $325,500,000
- Class A-4 Notes: $60,000,000
The filing is intended to satisfy an undertaking to file unqualified legality and tax opinions at the time of each takedown from the Registration Statement. Porsche Auto Funding LLC has attached the legality and tax opinions delivered by Mayer Brown LLP to the filing as Exhibits 5.1 and 8.1, respectively. The document was signed on September 25, 2026, by Tobias Hausladen and Eli Yaremenko, both serving as Assistant Treasurer.
