Filed Pursuant to Rule 433
Registration Nos. 333-214626
and 333-214626-02
**PXG DETAILS** $1.3bln Volkswagen Auto Lease Trust2019-A (VWALT2019-A)
Joint Leads: J.P. Morgan (struc), Credit Agricole and Mizuho
Co-Managers: Barclays, Deutsche Bank, RBC, Santander, TD
CL | AMT($MM) | WAL | S&P/F | P.WIN | E.FIN | L.FIN | SPREAD | YLD% | CPN% | $PX | ||||||||||
A-1 | 235.00 | 0.33 | A-1+/F1+ | 1-7 | 05/20 | 10/20 | IntL+5 | 2.12835 | 2.12835 | 100.00000 | ||||||||||
A-2-A | 472.00 | 1.22 | AAA/AAA | 7-20 | 06/21 | 03/22 | EDSF+30 | 2.015 | 2.00 | 99.99193 | ||||||||||
A-2-B | 60.00 | 1.22 | AAA/AAA | 7-20 | 06/21 | 03/22 | 1ML +30 | 100.00000 | ||||||||||||
A-3 | 435.00 | 2.07 | AAA/AAA | 20-29 | 03/22 | 11/22 | IntS+43 | 1.999 | 1.99 | 99.99842 | ||||||||||
A-4 | 98.00 | 2.55 | AAA/AAA | 29-31 | 05/22 | 08/24 | IntS+50 | 2.030 | 2.02 | 99.99624 |
Expected Settle : | 10/04/2019 | Registration : | SEC Registered | |||||
First Pay Date : | 11/20/2019 | ERISA Eligible : | Yes | |||||
Expected Ratings : | S&P, Fitch | Min Denoms : | $100k x $1k | |||||
Ticker : | VWALT 2019-A | Pxing Speed : | 100% PPC to Maturity | |||||
Expected Pricing : | PRICED | Bill & Deliver : | J.P. Morgan | |||||
ABS-15G Filing : | Mon, 09/23/2019 | |||||||
CUSIPs A-1 : 92867XAA4 | Available Information: | |||||||
A-2A : 92867XAB2 | * Preliminary Prospectus: Attached | |||||||
A-2B : 92867XAC0 | * Ratings FWP: Attached | |||||||
A-3 : 92867XAD8 | * IntexNet/CDI: Separate Message | |||||||
A-4 : 92867XAE6 | *DealRoadshow.com: VWALT19A |
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 atwww.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 calling1-800-408-1016 or by emailing the ABS Syndicate Desk atabs_synd@jpmorgan.com. You should not reply to this announcement. Any replye-mail communications, including those you generate by using the “Reply” function on youre-mail software, will be ignored or rejected.
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