BMW Financial Services is marketing a $1 billion securitization of auto leases, the sponsor's second lease deal of the year, according to Fitch Ratings.

The collateral backing BMW Vehicle Lease Trust 2015-2 consists of 31,337 leases with a weighted average (WA) FICO of 776 and a WA original term of 35.76 months. The leases have, on average, paid 10 months of installments, which leaves them with a WA remaining term of 25 months.  

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.