GMF Leasing

Filed: 11 Feb 21, 2:23pm

Free Writing Prospectus

Filed Pursuant to Rule 433

Filed February 11, 2021

Registration Statement No. 333-229068 and 333-229068-07


Free Writing Prospectus dated February 11, 2021

$1,250,020,000 or $1,500,420,000 Asset-Backed Notes

GM Financial Automobile Leasing Trust 2021-1

Issuing Entity

GMF Leasing LLC




Sponsor and Servicer

The depositor has prepared a preliminary prospectus, dated February 11, 2021, which describes the notes to be issued by the issuing entity. You should review the preliminary prospectus in its entirety before deciding to purchase any of the notes.


The notes must receive at least the following ratings from Fitch Ratings, Inc., or Fitch and Moody’s Investors Service, Inc., or Moody’s, in order to be issued.


           Fitch                    Moody’s        

Class A-1 Notes

  F1+sf   P-1 (sf)

Class A-2 Notes

  AAAsf   Aaa (sf)

Class A-3 Notes

  AAAsf   Aaa (sf)

Class A-4 Notes

  AAAsf   Aaa (sf)

Class B Notes

  AAsf   Aa2 (sf)

Class C Notes

  Asf   A2 (sf)

Class D Notes

  BBBsf   Baa2 (sf)




Joint Bookrunners
Citigroup  Lloyds Securities  RBC Capital Markets  Wells Fargo Securities
Co-Managers for the Class A Notes
BofA Securities  J.P. Morgan  MUFG  Scotiabank  TD Securities



The depositor 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 depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling 1-866-375-6829.