0001193125-22-169464.txt : 20220608 0001193125-22-169464.hdr.sgml : 20220608 20220607185152 ACCESSION NUMBER: 0001193125-22-169464 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20220608 DATE AS OF CHANGE: 20220607 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: VOLKSWAGEN AUTO LEASE/LOAN UNDERWRITTEN FUNDING, LLC CENTRAL INDEX KEY: 0001182534 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 113650483 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-249906 FILM NUMBER: 221002254 BUSINESS ADDRESS: STREET 1: 2200 WOODLAND POINTE AVENUE CITY: HERNDON STATE: VA ZIP: 20171 BUSINESS PHONE: (703) 364-7325 MAIL ADDRESS: STREET 1: 2200 WOODLAND POINTE AVENUE CITY: HERNDON STATE: VA ZIP: 20171 FORMER COMPANY: FORMER CONFORMED NAME: VOLKSWAGEN AUTO LEASE UNDERWRITTEN FUNDING LLC DATE OF NAME CHANGE: 20020823 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: VOLKSWAGEN AUTO LEASE/LOAN UNDERWRITTEN FUNDING, LLC CENTRAL INDEX KEY: 0001182534 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 113650483 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 2200 WOODLAND POINTE AVENUE CITY: HERNDON STATE: VA ZIP: 20171 BUSINESS PHONE: (703) 364-7325 MAIL ADDRESS: STREET 1: 2200 WOODLAND POINTE AVENUE CITY: HERNDON STATE: VA ZIP: 20171 FORMER COMPANY: FORMER CONFORMED NAME: VOLKSWAGEN AUTO LEASE UNDERWRITTEN FUNDING LLC DATE OF NAME CHANGE: 20020823 FWP 1 d477094dfwp.htm FWP FWP

Filed Pursuant to Rule 433

Registration Nos. 333-249906

and 333-249906-02

$1 billion Volkswagen Auto Lease Trust (VWALT) 2022-A (Prime Auto Lease)

Joint Lead Managers : RBC (str), Credit Ag, Mizuho, US Bancorp

Co-Managers : BofA, Citi

 

CLS

    AMT($MM)      WAL      M/F      P-WIN      E-FIN      L-FIN      BENCH#    SPRD      YLD%      CPN%      PRICE  

A-1

      151.00        0.25        P-1/F1+        1- 6        12/22        06/23      I-CRV      +48        1.721        1.721        100.00000  

A-2

      385.00        1.15        Aaa/AAA        6-19        01/24        10/24      I-CRV      +75        3.046        3.02        99.99222  

A-3

      385.00        1.94        Aaa/AAA        19-28        10/24        07/25      I-CRV      +77        3.469        3.44        99.99204  

A-4

      79.00        2.42        Aaa/AAA        28-30        12/24        01/27      I-CRV      +88        3.686        3.65        99.98138  

 

#

Bloomberg GC I25; “Interpolate Curves”; “Mid YTM”

 

Expected Pricing : PRICED    Offered Amount : $1 billion
Expected Settle : 06/14/22    Registration : Public/SEC-registered
First Pmt Date : 07/20/22    ERISA Eligible : Yes
Expected Ratings : Moody’s / Fitch    RR Compliance : US-Yes, EU-No
Bloomberg Ticker : VWALT 2022-A    Pricing Speed : 100% PPC to Maturity
Bloomberg SSAP : “VWALT2022A”    Min Denoms : $100k x $1k
Bill & Deliver : RBC   

 

CUSIPs

   

ISINs

     
A-1    92868A    AA3    US92868A    AA34   
A-2    92868A    AB1    US92868A    AB17   
A-3    92868A    AC9    US92868A    AC99   
A-4    92868A    AD7    US92868A    AD72   

- Available Materials -

Preliminary Prospectus, FWP and Intex CDI (attached)

Deal Roadshow : https://dealroadshow.com; password “VWALT2022A”

Intexnet dealname : “RBCVOLK22A”; password “JXKU”

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-375-6829.