# Ford Credit Auto Lease Trust 2026-B — capital_raise/public_offering [announced]
Source: SEC API (secapi.ai) · situation sit_9fe5826f879c01176db5 · retrieved 2026-08-11T16:12:42.968Z

## Overview
Ford Credit Auto Lease Trust 2026-B is a Delaware statutory trust that issues asset-backed securities secured by auto leases and leased vehicles purchased by the Titling Companies from motor vehicle dealers.

Ford Credit Auto Lease Trust 2026-B, a Delaware statutory trust, issued asset-backed securities (Notes) in six classes (A-1, A-2a, A-2b, A-3, A-4, and B) with aggregate principal amounts totaling $1,341,290,000. The Notes were issued pursuant to an Underwriting Agreement dated July 21, 2026, with underwriters including BMO Capital Markets Corp., BofA Securities, Inc., MUFG Securities Americas Inc., Truist Securities, Inc., and Wells Fargo Securities, LLC. The Class A-1 Notes ($146,000,000) bear interest at 3.930%, Class A-2a Notes ($411,720,000) at 4.39%, Class A-2b Notes ($100,000,000) at 30-day average SOFR + 0.36%, Class A-3 Notes ($511,720,000) at 4.68%, Class A-4 Notes ($80,560,000) at 4.73%, and Class B Notes ($91,290,000) at 4.83%. The Notes are secured by a 2026-B Exchange Note issued by CAB East LLC and CAB West LLC, which is backed by a reference pool of auto leases and leased vehicles. The closing date was July 27, 2026.

## Terms
- Counterparty: BMO Capital Markets Corp., BofA Securities, Inc., MUFG Securities Americas Inc., Truist Securities, Inc., Wells Fargo Securities, LLC, BNY Capital Markets, LLC, U.S. Bancorp Investments, Inc., Drexel Hamilton, LLC, Mischler Financial Group, Inc. · Consideration: cash

## Key dates
- Announced 2026-07-23

## Timeline
- 2026-07-23 · 8-K (0001104659-26-086229): 8-K - Ford Credit Auto Lease Trust 2026-B — *Ford Credit Auto Lease Trust 2026-B is a Delaware statutory trust that issues asset-backed securities secured by auto leases and leased vehicles purchased by the Titling Companies from motor vehicle dealers.* Ford Credit Auto Lease Trust 2026-B, a Delaware statutory trust, issued asset-backed securities (Notes) in six classes (A-1, A-2a, A-2b, A-3, A-4, and B) with aggregate principal amounts totaling $1,341,290,000. The Notes were issued pursuant to an Underwriting Agreement dated July 21, 2026, with underwriters including BMO Capital Markets Corp., BofA Securities, Inc., MUFG Securities Americas Inc., Truist Securities, Inc., and Wells Fargo Securities, LLC. The Class A-1 Notes ($146,000,000) bear interest at 3.930%, Class A-2a Notes ($411,720,000) at 4.39%, Class A-2b Notes ($100,000,000) at 30-day average SOFR + 0.36%, Class A-3 Notes ($511,720,000) at 4.68%, Class A-4 Notes ($80,560,000) at 4.73%, and Class B Notes ($91,290,000) at 4.83%. The Notes are secured by a 2026-B Exchange Note issued by CAB East LLC and CAB West LLC, which is backed by a reference pool of auto leases and leased vehicles. The closing date was July 27, 2026.
  https://www.sec.gov/Archives/edgar/data/2144097/0001104659-26-086229.txt

## Citations
- 0001104659-26-086229 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000110465926086229