Ford Credit Auto Lease Trust 2016-A FWP Free writing prospectus

Free Writing Prospectus

Filed Pursuant to Rule 433

Dated March 15, 2016

Registration Statement Nos. 333-208514 and 333-208514-03

** Full Pxing Details** $1bn Ford Credit Auto Lease Trust (FORDL) 2016-A

Joint Bookrunners: Citi, Credit Agricole Securities, HSBC, and SMBC Nikko

Co-managers:	BB Securities Limited, U.S. Bancorp Investments, Inc.
Selling Group:	Great Pacific Securities, Drexel Hamilton

CLS

QTY($MM)

RTG(S/F)

WAL

EXP MAT

LGL FIN

BNCH

SPD

YLD

CPN

PRICE

A1

167.00

A-1+/F1+

0.32

10/16

03/15/17

YLD

0.670

%

0.67

%

100.00000

A2a

213.00

AAA/AAA

1.10

11/17

11/15/18

EDSF

+54

bp

1.426

%

1.42

%

99.99806

A2b

200.00

AAA/AAA

1.10

11/17

11/15/18

1ML

+54

bp

100.00000

A3

228.00

AAA/AAA

1.87

05/18

04/15/19

EDSF

+69

bp

1.718

%

1.71

%

99.99656

A4

94.00

AAA/AAA

2.20

07/18

07/15/19

ISWAPS

+80

bp

1.863

%

1.85

%

99.98748

B

50.70

AA+/AA

2.34

08/18

08/15/19

ISWAPS

Retained

C

47.30

— NOT OFFERED —

* Deal is Reg AB II compliant

FORMAT	:	PUBLIC/ SEC-REG
SETTLE	:	3/22/16
FIRST PAY DATE	:	4/15/16
DISTRIBUTION	:	Monthly on the 15th
RATINGS	:	S&P/Fitch
PRICING SPEED	:	100% PPC
TICKER	:	FORDL 2016-A
MIN DENOMS	:	$1k by $1k
ERISA ELIGIBLE	:	Yes across all tranches
DELIVERY	:	DTC, Eurostream, Clearstream
B&D	:	Citi

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 Website 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 1-800-831-9146.