Volkswagen Auto Lease Trust 2026-B filed a prospectus dated September 15, 2026, detailing the issuance of asset-backed notes backed by a pool of auto leases. The offering is managed by Volkswagen Auto Lease/Loan Underwritten Funding, LLC, with VW Credit, Inc. acting as the sponsor.
The prospectus outlines the structure of the Notes, which are divided into five classes with varying principal amounts:
- Class A-1 Notes: $148,000,000
- Class A-2-A Notes: $291,600,000
- Class A-2-B Notes: $97,000,000
- Class A-3 Notes: $388,600,000
- Class A-4 Notes: $66,630,000
The total aggregate principal amount of the Notes is $636,630,000. The filing includes opinions from Mayer Brown LLP and Richards, Layton & Finger, P.A., dated September 17, 2026, regarding the legality of the transaction and certain tax matters.
