FINSIGHT

Ford Credit Auto Lease Trust

Deals

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Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
A-1	USD	198.000	0.30	-	A-1+	F1+	-	-	-	-	Fixed	I-Curve	30a	26	4.96%	4.959%	100.00000
A-2a	USD	300.000	1.03	-	AAA	AAA	-	-	-	-	Fixed	I-Curve	72-74	65	5.19%	5.256%	99.99085
A-2b	USD	182.500	1.03	-	AAA	AAA	-	-	-	-	Floating	SOFR	72-74	65	SOFR+65	-	100.00000
A-3	USD	482.500	1.76	-	AAA	AAA	-	-	-	-	Fixed	I-Curve	82-84	79	4.94%	4.992%	99.99872
A-4	USD	87.000	2.24	-	AAA	AAA	-	-	-	-	Fixed	I-Curve	94-96	89	4.83%	4.887%	99.98329
B	USD	86.790	2.37	-	AA	AA	-	-	-	-	Fixed	I-Curve	145-150	140	5.29%	5.353%	99.99073
C	USD	107.070	2.51	-	A	A	-	-	-	-	Fixed	I-Curve	175-180	170	5.54%	5.605%	99.99869
D	USD	64.890	2.62	-	BBB	BBB	-	-	-	-	Fixed	I-Curve	-	-	-	-	Retained

More Details

Filings

ABS-15G

Tranche Comments

A-1: First Pay: 2023-02-15; Registration: Registered; A-2a: First Pay: 2023-02-15; Registration: Registered; A-2b: First Pay: 2023-02-15; Registration: Registered; A-3: First Pay: 2023-02-15; Registration: Registered; A-4: First Pay: 2023-02-15; Registration: Registered; B: First Pay: 2023-02-15; Registration: Registered; C: First Pay: 2023-02-15; Registration: Registered; D: First Pay: 2023-02-15; Registration: Registered;

Deal Comments

Active Bookrunners: RBC(B&D), SOC, WFS. Passive Bookrunners: GSC, MUF. The deal was upsized from US$1.2bn to US$1.5bn

Risk Retention

US - Yes; EU - No

Pricing Speed

100% PPC to Maturity

Ford Motor Co

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