# EDGAR Filing Document

**Accession Number:** 0002082991
**File Stem:** 0001104659-25-088751
**Filing Date:** 2025-9
**Character Count:** 4714
**Document Hash:** ae8eaa50ea31e0c594d4287e35500bc8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-088751.hdr.sgml**: 20250910

**ACCESSION NUMBER**: 0001104659-25-088751

**CONFORMED SUBMISSION TYPE**: FWP

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250910

**DATE AS OF CHANGE**: 20250909

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Volkswagen Auto Lease Trust 2025-B
- **CENTRAL INDEX KEY:** 0002082991
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** FWP
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-276654-03
- **FILM NUMBER:** 251304523

**BUSINESS ADDRESS:**
- **STREET 1:** 1950 OPPORTUNITY WAY, SUITE 1500
- **CITY:** RESTON
- **STATE:** VA
- **ZIP:** 20190
- **BUSINESS PHONE:** (703) 251-5181

**MAIL ADDRESS:**
- **STREET 1:** 1950 OPPORTUNITY WAY, SUITE 1500
- **CITY:** RESTON
- **STATE:** VA
- **ZIP:** 20190
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Volkswagen Auto Lease Trust 2025-B
- **CENTRAL INDEX KEY:** 0002082991
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** FWP

**BUSINESS ADDRESS:**
- **STREET 1:** 1950 OPPORTUNITY WAY, SUITE 1500
- **CITY:** RESTON
- **STATE:** VA
- **ZIP:** 20190
- **BUSINESS PHONE:** (703) 251-5181

**MAIL ADDRESS:**
- **STREET 1:** 1950 OPPORTUNITY WAY, SUITE 1500
- **CITY:** RESTON
- **STATE:** VA
- **ZIP:** 20190

**Filed Pursuant to Rule 433**

**Registration Nos. 333-276654 and 333-276654-03**

\*FULL PRICING DETAILS\* $1.5bn Volkswagen (VWALT) 2025-B (Prime Auto Lease)

Joint Bookrunners: TD (str), Citi, Scotiabank, Wells<br> Co-Managers: Barclays, BofA

________________________________Capital Structure ______________________________

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| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| CLS | SZ($mm) | WAL | M/S\* | P.WIN | E.FIN | L.FIN | BMRK | SPD | CPN | $PX | YLD% |
| A-1 | 212.600 | 0.24 | P-1/A-1+ | 01-06 | 03/26 | 09/26 | I-CRV | +12 | 4.164% | 100.00000 | 4.164% |
| A-2A | 305.000 | 1.18 | Aaa/AAA | 06-19 | 04/27 | 04/28 | I-CRV | +37 | 3.970% | 99.98863 | 4.013% |
| A-2B | 292.000 | 1.18 | Aaa/AAA | 06-19 | 04/27 | 04/28 | SOFR30A | +37 |  | 100.00000 | FRN |
| A-3 | 597.000 | 1.99 | Aaa/AAA | 19-27 | 12/27 | 01/29 | I-CRV | +51 | 4.010% | 99.98427 | 4.052% |
| A-4 | 93.400 | 2.35 | Aaa/AAA | 27-29 | 02/28 | 05/30 | I-CRV | +51 | 4.000% | 99.99215 | 4.037% |

---

\* Minimum Expected SF Ratings

______________________________ Transaction Details ______________________________

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| | | |
|:---|:---|:---|
| - Deal Size | $1.5bn |  |
| - Registration | SEC Registered - Pricing Speed | 100% PPC to Maturity |
| - Expected Pricing | Priced - RR Compliance | US-Yes; EU-No; UK-No |
| - Expected Settle | 09/16/2025 - Min Denoms | $1k x $1k |
| - First Pay | 10/20/2025 - ERISA | Yes (See Prelim) |
| - Ticker | VWALT 2025-B - Exp Ratings | Moody's, S&P |
| - Bill and Deliver | TD Securities |  |

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_____________________________ Available Information _____________________________

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| | | |
|:---|:---|:---|
| - Prelim Prospectus | : | Attached |
| - FWP | : | Attached |
| - IntexNet/CDI | : | Attached |
| > Dealname | : | tdabsvolk25b_upsize |
| > Password | : | 4443 |
| - DealRoadshow URL | : | https://dealroadshow.com |
| > Entry Code | : | VALT2025-B (Case Sensitive) |
| > Direct Link | : | https://dealroadshow.com/e/VALT2025-B |

---

______________________________ Security Identifiers ______________________________

<u>CUSIP \| ISIN</u>

---

| | | |
|:---|:---|:---|
| - Class A-1 92868BAA1 | \| | US92868BAA17 |
| - Class A-2A 92868BAB9 | \| | US92868BAB99 |
| - Class A-2B 92868BAC7 | \| | US92868BAC72 |
| - Class A-3 92868BAD5 | \| | US92868BAD55 |
| - Class A-4 92868BAE3 | \| | US92868BAE39 |

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Disclaimer:

The issuer has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (the "SEC") for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and the related prospectus supplement 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 .

A rating is not a recommendation to buy, sell or hold the notes and may be subject to suspension, reduction or withdrawal at any time by any rating agency.