8-K - Volkswagen Auto Lease Trust 2026-A | StockGist

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Volkswagen Auto Lease Trust 2026-A issued $1,710,000,000 aggregate principal amount of Class A-1, A-2-A, A-2-B, A-3, and A-4 Asset Backed Notes on March 24, 2026, secured by a portfolio of Volkswagen and Audi auto leases allocated to the Transaction SUBI Portfolio. The filing discloses entry into material agreements including the Indenture, SUBI supplements, sale/transfer agreements, administration agreement, and asset representations review agreement.

Key Takeaways

1Notes issued: Class A-1 ($266,800,000 at 3.828%), A-2-A ($347,900,000 at 4.06%), A-2-B ($336,600,000 at SOFR + 0.47%), A-3 ($684,500,000 at 4.17%), A-4 ($74,200,000 at 4.21%)

2Closing Date: March 24, 2026

3Issuing Entity: Volkswagen Auto Lease Trust 2026-A

4Backed by Transaction SUBI Portfolio of retail auto leases from VW Credit, Inc. (VCI)

5Key parties: VCI (seller/servicer/administrator), Volkswagen Auto Lease/Loan Underwritten Funding, LLC (VALU Funding, buyer/transferor), Citibank N.A. (Indenture Trustee), Deutsche Bank Trust Company Delaware (Owner Trustee)

6Registered under Form SF-3 (File Nos. 333-276654, 333-276654-01)

Current Report Details

Event Type

Material Agreement

Exhibits Only

Disclosure

Mandatory

Variant

8-K

Items Reported

1.01

. Entry into a Material Definitive Agreement. In connection with the sale of the Class A-1, Class A-2-A, Class A-2-B, Class A-3 and Class A-4 Asset Backed Notes

Material Agreement

$1.71B

Source Document

9.01

. Financial Statements and Exhibits. (a) Not applicable. (b) Not applicable. (c) Not applicable. (d) Exhibits. Exhibit No. Document Description 4.1 Indenture, d

Exhibits Only

Transaction Details

Material Agreement

Parties: VW Credit, Inc. (VCI), Volkswagen Auto Lease/Loan Underwritten Funding, LLC (VALU Funding), Volkswagen Auto Lease Trust 2026-A (Issuer), Citibank, N.A. (Indenture Trustee), Deutsche Bank Trust Company Delaware (Owner Trustee), U.S. Bank Trust Company, National Association (Trustees), Wilmington Trust Company (Delaware Trustee), Clayton Fixed Income Services LLC (Asset Representations Reviewer)

Debt / Financing

Instrument: Asset-Backed Notes
Principal: 1710000000

Exhibits (9)

10.1

EXHIBIT 10.1

10.2

EXHIBIT 10.2

10.3

EXHIBIT 10.3

10.4

EXHIBIT 10.4

10.5

EXHIBIT 10.5

10.6

EXHIBIT 10.6

10.7

EXHIBIT 10.7

4.1

EXHIBIT 4.1

8-K

FORM 8-K