Ford Credit Auto Lease Two LLC

01/23/2026 | Press release | Distributed by Public on 01/23/2026 14:14

Free Writing Prospectus (Form FWP)

Free Writing Prospectus
Filed Pursuant to Rule 433
Dated January 21, 2026
Registration Statement Nos. 333-287350 and 333-287350-03

$1.3+ billion Ford Credit Auto Lease Trust (FORDL) 2026-A (Prime Auto Lease)

Active Joint Bookrunners : RBC (str), DB, and TD
Passive Bookrunners : Lloyds and Scotiabank
Passive Co-Managers : BNY Mellon and Santander
Active Co-Managers : CastleOak and Mischler
CLS AMT ($MM) WAL^ M/F^^ P-WIN E-FIN L-FIN BENCH SPRD YLD CPN $PX
A-1 160.00 0.25 P-1/F1+ 01-06 07/26 01/27 I-CRV +14 3.816 3.816 100.00000
A-2a 315.00 0.99 Aaa/AAA 06-19 08/27 08/28 I-CRV +34 3.870 3.83   99.99127
A-2b 192.50 0.99 Aaa/AAA 06-19 08/27 08/28 SOFR30A +34 100.00000
A-3 507.50 2.00 Aaa/AAA 19-30 07/28 07/29 I-CRV +44 4.038 4.00   99.99162
A-4   75.00 2.54 Aaa/AAA 30-32 09/28 02/30 I-CRV +48 4.117 4.08   99.99502
B   56.18 2.64 Aa1/AA 32-32 09/28 02/30 I-CRV +60 4.244 4.20   99.98282
C   70.22
D   74.90

^ 100% PPC to Maturity

^^ Minimum expected ratings

-- Transaction Details --

Expected Pricing : PRICED Offered Amount : $1,306,180,000
Expected Settlement : 01/26/26 Registration : SEC-Registered
First Payment Date : 02/17/26 ERISA Eligible : Yes
Expected Ratings : Moody's / Fitch Credit Risk Retention : US-Yes; EU-No; UK-No
Bloomberg Ticker : FORDL 2026-A Pricing Speed : 100% PPC to Maturity
Bloomberg SSAP : "FORDL2026A" Minimum Denominations : $1k x $1k
Bill & Deliver : RBC
-------- CUSIP ----- ISIN -----
A-1 345276 AA7 US345276A A79
A-2a 345276 AB5 US345276A B52
A-2b 345276 AC3 US345276A C36
A-3 345276 AD1 US345276A D19
A-4 345276 AE9 US345276A E91
B 345276 AF6 US345276A F66

- Available Materials -

 Preliminary Prospectus and FWP and Intex CDI : Attached
 Intexnet Dealname : "RBCFCAT26A"; password "4K3V"
 Deal Roadshow : www.dealroadshow.com; password "FORDL2026A"
 Direct Link : https://dealroadshow.com/e/FORDL2026A

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.

Ford Credit Auto Lease Two LLC published this content on January 23, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on January 23, 2026 at 20:15 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]