Free Writing Prospectus
Filed Pursuant to Rule 433
Filed June 3, 2020
Registration StatementNo. 333-229068 and333-229068-05
Free Writing Prospectus dated June 3, 2020
$1,256,870,000 Asset-Backed Notes
GM Financial Automobile Leasing Trust2020-2
Issuing Entity
GMF Leasing LLC
Depositor
Sponsor and Servicer
The depositor has prepared a preliminary prospectus, dated June 3, 2020, which describes the notes to be issued by the issuing entity. You should review the preliminary prospectus in its entirety before deciding to purchase any of the notes.
Ratings
The notes must receive at least the following ratings from Moody’s Investors Service, Inc., orMoody’s, and S&P Global Ratings, orS&P, in order to be issued.
| | | | |
| | | Moody’s | | S&P |
Class A-1 Notes | | P-1 (sf) | | A-1+ (sf) |
Class A-2-A Notes | | Aaa (sf) | | AAA (sf) |
Class A-2-B Notes | | Aaa (sf) | | AAA (sf) |
Class A-3 Notes | | Aaa (sf) | | AAA (sf) |
Class A-4 Notes | | Aaa (sf) | | AAA (sf) |
Class B Notes | | Aa2 (sf) | | AA (sf) |
Class C Notes | | A2 (sf) | | A (sf) |
Class D Notes | | Baa2 (sf) | | BBB (sf) |
Joint Bookrunners
Barclays Deutsche Bank Securities Mizuho Securities SOCIETE GENERALE
Co-Managers for the Class A Notes
CIBC Capital Markets Credit Agricole Securities J.P. Morgan MUFG Wells Fargo Securities
The depositor 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 depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling1-888-603-5847.
