GM Financial Trust 2025-3 Files 8-K on Auto Lease Securitization
| Field | Detail |
|---|---|
| Company | Gm Financial Automobile Leasing Trust 2025-3 |
| Form Type | 8-K |
| Filed Date | Aug 14, 2025 |
| Risk Level | low |
| 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: securitization, auto-leases, asset-backed-securities
TL;DR
GM Financial's 2025-3 auto lease trust is official, expect more auto ABS deals.
AI Summary
GM Financial Automobile Leasing Trust 2025-3, managed by GMF Leasing LLC, filed an 8-K on August 14, 2025, reporting on the entry into a material definitive agreement related to its auto lease securitization. The filing details the structure and terms of the GM Financial Automobile Leasing Trust 2025-3, which is backed by auto leases.
Why It Matters
This filing provides insight into GM Financial's ongoing securitization activities, which are crucial for its funding and liquidity management in the auto leasing market.
Risk Assessment
Risk Level: low — This is a routine filing related to the establishment of an asset-backed securities trust, not indicating any immediate financial distress or significant new risks.
Key Players & Entities
- GM Financial Automobile Leasing Trust 2025-3 (company) — Registrant and securitization trust
- GMF Leasing LLC (company) — Manager of the trust
- August 13, 2025 (date) — Earliest event reported date
- August 14, 2025 (date) — Filing date
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose is to report the entry into a material definitive agreement related to the GM Financial Automobile Leasing Trust 2025-3, which is an auto lease securitization.
Who is the registrant and manager of the trust mentioned in the filing?
The registrant is GM Financial Automobile Leasing Trust 2025-3, and the manager is GMF Leasing LLC.
What type of assets are backing the GM Financial Automobile Leasing Trust 2025-3?
The trust is backed by auto leases.
On what date was the earliest event reported in this filing?
The earliest event reported was on August 13, 2025.
What is the SIC code associated with the entities involved in this filing?
The Standard Industrial Classification (SIC) code associated with both GMF Leasing LLC and GM Financial Automobile Leasing Trust 2025-3 is 6189, which pertains to Asset-Backed Securities.
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