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.