Filed Pursuant to Rule 433

Registration Nos. 333-276654 and 333-276654-02

 

$1.25 billion Volkswagen Auto Lease Trust (VWALT) 2025-A (Prime Auto Lease)

  

Joint Bookrunners : RBC (str), Scotiabank, US Bancorp, Wells Fargo 

Co-Managers : Citi, Mizuho

 

CLS   AMT($MM)   WAL^   S/F   P-WIN   E-FIN   L-FIN   BENCH   SPRD   YLD   CPN   PX
A-1   197.50   0.27   A-1+/F1+   01-07   01/20/26   06/22/26   I-CRV   +13   4.469   4.469   100.00000
A-2-A   272.50   1.27   AAA/AAA   07-21   03/22/27   12/20/27   I-CRV   +40   4.475   4.43   99.99520
A-2-B   241.25   1.27   AAA/AAA   07-21   03/22/27   12/20/27   SOFR30A   +40           100.00000
A-3   451.25   2.06   AAA/AAA   21-29   11/20/27   06/20/28   I-CRV   +55   4.546   4.50   99.99297
A-4   87.50   2.46   AAA/AAA   29-30   12/20/27   03/20/30   I-CRV   +62   4.606   4.56   99.99431

  

^ 100% PPC to Maturity

 

  

- Transaction Details -

 

Expected Pricing : PRICED   Offered Amount : $1,250,000,000  
Expected Settle : 06/17/25   Registration : SEC-Registered  
First Pmt Date : 07/21/25   ERISA Eligible : Yes  
Expected Ratings : S&P / Fitch   Pricing Speed : 100% PPC to Maturity  
Bloomberg Ticker : VWALT 2025-A   Min Denoms : $1k x $1k  
Bloomberg SSAP : "VWALT2025A"          
Bill & Deliver : RBC          

 

 

    CUSIP   ISIN      
A-1   92868W AA5   US92868WA A53      
A-2-A   92868W AB3   US92868WA B37      
A-2-B   92868W AC1   US92868WA C10      
A-3   92868W AD9   US92868WA D92      
A-4   92868W AE7   US92868WA E75      

 

 

- Available Materials -

 

Preliminary Prospectus and FWP and Intex CDI : Attached

Intexnet Dealname : "RBCVOLK25A"; password "K344"

Deal Roadshow : www.dealroadshow.com; password "VWALT2025A"

Direct Link : https://dealroadshow.com/e/VWALT2025A

 

 

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.