GM Financial Automobile Leasing Trust 2020-3

Filed: 16 Sep 20, 4:40pm

Free Writing Prospectus

Filed Pursuant to Rule 433

Filed September 16, 2020

Registration Statement No. 333-229068 and 333-229068-06

Free Writing Prospectus dated September 16, 2020

$1,250,020,000 or $1,600,220,000 Asset-Backed Notes

GM Financial Automobile Leasing Trust 2020-3

Issuing Entity

GMF Leasing LLC




Sponsor and Servicer

The depositor has prepared a preliminary prospectus, dated September 16, 2020, 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 Moody’s Investors Service, Inc., or Moody’s, and S&P Global Ratings, or S&P, in order to be issued.






Class A-1 Notes

  P-1 (sf)  A-1+ (sf)

Class A-2-A Notes

  Aaa (sf)  AAA (sf)

Class A-2-B Notes

  Aaa (sf)  AAA (sf)

Class A-3 Notes

  Aaa (sf)  AAA (sf)

Class A-4 Notes

  Aaa (sf)  AAA (sf)

Class B Notes

  Aa2 (sf)  AA (sf)

Class C Notes

  A2 (sf)  A (sf)

Class D Notes

  Baa2 (sf)  BBB (sf)




Joint Bookrunners
BMO Capital Markets  BofA Securities  Goldman Sachs & Co. LLC  Wells Fargo Securities


Co-Managers for the Class A Notes

CIBC Capital Markets  Lloyds Securities  MUFG  Scotiabank  SOCIETE GENERALE



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 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 1-800-326-5897.