Ford Credit Auto Lease Two LLC

07/24/2025 | Press release | Distributed by Public on 07/24/2025 14:30

Free Writing Prospectus (Form FWP)

Free Writing Prospectus
Filed Pursuant to Rule 433
Dated July 22, 2025
Registration Statement Nos. 333-265473 and 333-265473-08

$1.3+ billion Ford Credit Auto Lease Trust (FORDL) 2025-B (Prime Auto Lease)

Active Joint Bookrunners : RBC (str), DB, and Mizuho
Passive Bookrunners : BofA and MUFG
Active Co-Managers : Mischler and Siebert Williams
Passive Co-Managers: ING and US Bancorp

CLS

ATM ($MM)

WAL^

S/M^^

P-WIN

E-FIN

L-FIN

BENCH

SPRD

YLD

CPN

$PRICE

A-1 155.00 0.25 A-1+/P-1 01-06 01/26 08/26 I-CRV +12 4.429 4.429 100.00000
A-2a 282.50 1.07 AAA/Aaa 06-19 02/27 03/28 I-CRV +39 4.419 4.37   99.99098
A-2b 225.00 1.07 AAA/Aaa 06-19 02/27 03/28 SOFR30A +39 100.00000
A-3 507.50 2.03 AAA/Aaa 19-29 12/27 12/28 I-CRV +45 4.274 4.23   99.98768
A-4   80.00 2.44 AAA/Aaa 29-30 01/28 08/29 I-CRV +54 4.343 4.30   99.99039
B   56.18 2.53 AA/Aa1 30-31 02/28 08/29 I-CRV +77 4.568 4.52   99.98795
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 : 07/29/25 Registration : SEC-Registered
First Payment Date : 08/15/25 ERISA Eligible : Yes
Expected Ratings : S&P / Moody's Credit Risk Retention : US-Yes; EU-No; UK-No
Bloomberg Ticker : FORDL 2025-B Pricing Speed : 100% PPC to Maturity
Bloomberg SSAP : "FORDL2025B" Minimum Denominations : $1k x $1k
Bill & Deliver : RBC
-------- CUSIP ----- ISIN -----
CUSIP ISIN
A-1 34533M AA4 US34533MA A45
A-2a 34533M AB2 US34533MA B28
A-2b 34533M AC0 US34533MA C01
A-3 34533M AD8 US34533MA D83
A-4 34533M AE6 US34533MA E66
B 34533M AF3 US34533MA F32

- Available Materials -

 Preliminary Prospectus and FWP and Intex CDI : Attached
 Intexnet Dealname : "RBCFCAT25B"; password "3JUK"
 Deal Roadshow : www.dealroadshow.com; " password "FORDL2025B
 Direct Link : https://dealroadshow.com/e/FORDL2025B

_______________________________________

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 July 24, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on July 24, 2025 at 20:30 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]