GM Financial Trust 2025-3 Enters Material Agreement
| Field | Detail |
|---|---|
| Company | Gmf Leasing LLC |
| Form Type | 8-K |
| Filed Date | Aug 14, 2025 |
| Risk Level | medium |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $134,310,000, $215,600,000, $135,000,000, $350,500,000, $65,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: asset-backed-securities, auto-leasing, material-agreement
TL;DR
GM Financial's auto lease trust inked a big deal, expect lease market shifts.
AI Summary
On August 13, 2025, GM Financial Automobile Leasing Trust 2025-3, a trust managed by GMF Leasing LLC, entered into a material definitive agreement. This filing is an 8-K report detailing this event, which is related to asset-backed securities in auto leases.
Why It Matters
This filing indicates a significant transaction for GM Financial's auto leasing securitization program, potentially impacting the availability and terms of auto leases.
Risk Assessment
Risk Level: medium — Material definitive agreements can introduce new financial obligations or structures that carry inherent risks for the involved entities and the market.
Key Players & Entities
- GM Financial Automobile Leasing Trust 2025-3 (company) — Registrant
- GMF Leasing LLC (company) — Manager/Filer
- August 13, 2025 (date) — Date of earliest event reported
FAQ
What specific material definitive agreement was entered into by GM Financial Automobile Leasing Trust 2025-3?
The filing does not specify the exact nature of the material definitive agreement, only that one was entered into on August 13, 2025.
Who is the primary filer for this 8-K report?
GMF Leasing LLC is listed as the filer, with GM Financial Automobile Leasing Trust 2025-3 as the registrant.
What is the business address for GMF Leasing LLC and GM Financial Automobile Leasing Trust 2025-3?
Both entities share the same business address: 801 Cherry Street, Suite 3500, Fort Worth, TX 76102.
What is the Standard Industrial Classification (SIC) code associated with these entities?
The SIC code listed for both entities is 6189, which corresponds to Asset-Backed Securities.
What is the significance of the 'ABS ASSET CLASS: Auto leases' designation?
This designation indicates that the asset-backed securities involved in this filing are backed by auto leases, highlighting the focus of the transaction.
Filing Stats: 1,555 words · 6 min read · ~5 pages · Grade level 10.7 · Accepted 2025-08-14 16:05:47
Key Financial Figures
- $134,310,000 — 2025-3 (the Issuing Entity ), to issue $134,310,000 Class A-1 4.359% Asset Backed Notes (th
- $215,600,000 — et Backed Notes (the Class A-1 Notes ), $215,600,000 Class A-2-A 4.19% Asset Backed Notes (t
- $135,000,000 — Backed Notes (the Class A-2-A Notes ), $135,000,000 Class A-2-B Floating Rate Notes (the Cl
- $350,500,000 — ng Rate Notes (the Class A-2-B Notes ), $350,500,000 Class A-3 4.17% Asset Backed Notes (the
- $65,000,000 — et Backed Notes (the Class A-3 Notes ), $65,000,000 Class A-4 4.20% Asset Backed Notes (the
- $49,190,000 — e Class A-3 Notes, the Class A Notes ), $49,190,000 Class B 4.41% Asset Backed Notes (the C
- $45,330,000 — t Backed Notes (the Class B Notes ) and $45,330,000 Class C 4.60% Asset Backed Notes (the C
Filing Documents
- d41881d8k.htm (8-K) — 29KB
- d41881dex41.htm (EX-4.1) — 653KB
- d41881dex43.htm (EX-4.3) — 307KB
- d41881dex45.htm (EX-4.5) — 6101KB
- d41881dex101.htm (EX-10.1) — 72KB
- d41881dex102.htm (EX-10.2) — 76KB
- d41881dex104.htm (EX-10.4) — 367KB
- d41881dex105.htm (EX-10.5) — 206KB
- d41881dex991.htm (EX-99.1) — 70KB
- 0001193125-25-180772.txt ( ) — 7883KB
01. Entry into a Material Definitive
Item 1.01. Entry into a Material Definitive Agreement . GMF Leasing LLC, as depositor (the Depositor ) and AmeriCredit Financial Services, Inc. d/b/a GM Financial ( GM Financial ), as sponsor, have caused a newly formed issuing entity, GM Financial Automobile Leasing Trust 2025-3 (the Issuing Entity ), to issue $134,310,000 Class A-1 4.359% Asset Backed Notes (the Class A-1 Notes ), $215,600,000 Class A-2-A 4.19% Asset Backed Notes (the Class A-2-A Notes ), $135,000,000 Class A-2-B Floating Rate Notes (the Class A-2-B Notes ), $350,500,000 Class A-3 4.17% Asset Backed Notes (the Class A-3 Notes ), $65,000,000 Class A-4 4.20% Asset Backed Notes (the Class A-4 Notes and, together with the Class A-1 Notes, the Class A-2-A Notes, the Class A-2-B Notes and the Class A-3 Notes, the Class A Notes ), $49,190,000 Class B 4.41% Asset Backed Notes (the Class B Notes ) and $45,330,000 Class C 4.60% Asset Backed Notes (the Class C Notes and, collectively with the Class A Notes and the Class B Notes, the Publicly Offered Notes or the Notes ), and an Asset Backed Certificate (the Certificate ), on August 13, 2025 (the Closing Date ). The Publicly Offered Notes will be registered under the Registration Statement filed by the Depositor with the Securities and Exchange Commission under file number 333-285619 (the Registration Statement ). This Current Report on Form 8-K is being filed to satisfy an undertaking to file copies of certain agreements to be executed in connection with the issuance of the Publicly Offered Notes, the forms of which were filed as Exhibits to the Registration Statement. The Notes evidence indebtedness of the Issuing Entity, the assets of which consist primarily of an exchange note, backed by a designated pool of car, light duty truck and utility vehicle leases and the corresponding leased vehicles (the Lease Assets ). The Publicly Offered Notes were sold to J.P. Morgan Securities LLC ( J.P. Morgan ), Barclays Capital Inc. ( Barclays ), BofA Securities, In
Financial Statements, Pro Forma Financial Information and Exhibits
Financial Statements, Pro Forma Financial Information and Exhibits . (a)Not applicable. (b)Not applicable. (c)Not applicable. (d)Exhibits: 1.1Underwriting Agreement, dated as of August 5, 2025, among GM Financial, the Depositor and the Representatives (see Exhibit 1.1 to the Form 8-K filed on August 7, 2025, in connection with Registration Statement Nos. 333-285619 and 333-285619-03, which is incorporated by reference herein). 4.1Indenture, dated as of July 1, 2025, between the Issuing Entity and the Indenture Trustee. 4.3Amended and Restated Trust Agreement, dated as of July 1, 2025, between the Depositor and the Owner Trustee. 4.52025-3 Exchange Note Supplement, dated as of July 1, 2025, among the Titling Trust, GM Financial, as lender, the Servicer, the Collateral Agent and the Administrative Agent. 3 10.12025-3 Exchange Note Sale Agreement, dated as of July 1, 2025, between the GM Financial and the Depositor. 10.22025-3 Exchange Note Transfer Agreement, dated as of July 1, 2025, between the Depositor and the Issuing Entity. 10.42025-3 Servicing Supplement, dated as of July 1, 2025, among the Titling Trust, the Servicer, the Settlor, the Collateral Agent and the Indenture Trustee. 10.5Asset Representations Review Agreement, dated July 1, 2025, among the Issuing Entity, GM Financial, as Servicer, and Clayton, as Asset Representations Reviewer. 99.1Administration Agreement, dated as of July 1, 2025, among the Depositor, GM Financial, as administrator, and the Indenture Trustee. 4
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. GM FINANCIAL AUTOMOBILE LEASING TRUST 2025-3 By: AmeriCredit Financial Services, Inc. d/b/a GM Financial, as Servicer By: /s/ Frank E. Brown III Name: Frank E. Brown III Title: Senior Vice President, Corporate Counsel and Secretary Dated: August 14, 2025 5