Volkswagen Auto Lease/Loan Underwritten Funding, LLC, acting as the Depositor, has entered into an underwriting agreement with TD Securities (USA) LLC. The agreement, dated November 10, 2026, establishes the terms for the sale of notes to the underwriters. The transaction involves the issuance of five classes of notes: Class A-1, Class A-2-A, Class A-2-B, Class A-3, and Class A-4.
The total aggregate principal balance of the notes sold to the underwriters is $745,150,000. The notes are scheduled to be issued on or about November 18, 2026, which is designated as the Closing Date.
The filing details a series of agreements that will be executed on the Closing Date to facilitate the transfer of assets. Volkswagen Credit, Inc. (VCI) will transfer a Transaction SUBI Certificate to Volkswagen Auto Lease/Loan Underwritten Funding, LLC. This certificate represents a special unit of beneficial interest in retail automobile leases and related vehicles.
Subsequently, the Issuing Entity, Volkswagen Auto Lease Trust 2026-C, will acquire the Transaction SUBI Certificate from the Funding entity. The transaction documents include an Indenture with Citibank, N.A., serving as the Indenture Trustee, and an Amended and Restated Trust Agreement with Deutsche Bank Trust Company Delaware as the Owner Trustee.
