Volkswagen Auto Lease/Loan Underwritten Funding LLC

11/13/2024 | Press release | Distributed by Public on 11/13/2024 16:14

Free Writing Prospectus - Form FWP

Filed Pursuant to Rule 433
Registration Nos. 333-269194 and 333-269194-03

Free Writing Prospectus dated November 13, 2024


Volkswagen Auto Loan Enhanced Trust 2024-1

Issuing Entity

Volkswagen Auto Lease/Loan Underwritten Funding, LLC VW Credit, Inc.
Depositor Sponsor, Originator and Servicer

The depositor has prepared a preliminary prospectus dated November 13, 2024 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 depositor expects that the notes issued by the issuing entity will receive the indicated credit ratings from the nationally recognized statistical rating organizations, or "rating agencies," listed below.

Moody's Investors
Service, Inc.
S&P Global
Ratings
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)

It is a condition to the issuance of the notes that, on the closing date, each class of notes receive at least the ratings listed above.

Underwriters

Wells Fargo Securities Citigroup J.P. Morgan Mizuho

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 Web site 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 calling 1-800-645-3751.