Volkswagen Auto Lease/Loan Underwritten Funding, LLC has filed a prospectus dated November 10, 2026, for a securitization transaction involving Volkswagen Auto Lease Trust 2026-C. The filing, submitted to the U.S. Securities and Exchange Commission on November 10, 2026, details a pool of vehicle leases and the structure of a series of asset-backed notes.
The offering consists of five classes of notes with a total aggregate principal amount of $755,150,000. The breakdown of the notes includes:
- Class A-1 Notes: $101,400,000
- Class A-2-A Notes: $248,000,000
- Class A-2-B Notes: $50,000,000
- Class A-3 Notes: $295,000,000
- Class A-4 Notes: $50,750,000
The registrants listed in the filing are Volkswagen Auto Lease/Loan Underwritten Funding, LLC and VW Credit Leasing, Ltd. VW Credit, Inc. is listed as the servicer. The filing also includes legal opinions from Mayer Brown LLP and Richards, Layton & Finger, P.A., dated November 13, 2026, regarding the legality of the notes and certain tax matters.
