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EX-8.1 - EX-8.1 - GMF Leasing LLCd90387dex81.htm
EX-5.1 - EX-5.1 - GMF Leasing LLCd90387dex51.htm

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)

September 29, 2020

GM Financial Automobile Leasing Trust 2020-3

(Exact name of registrant as specified in its charter)

GMF Leasing LLC

(Exact name of depositor as specified in its charter)

AmeriCredit Financial Services, Inc.

(Exact name of sponsor as specified in its charter)

 

Delaware

(State or Other Jurisdiction of

Incorporation)

 

333-229068-06

(Commission File

Number)

 

85-6478533

(I.R.S. Employer

Identification No.)

c/o AmeriCredit Financial Services, Inc.

Attention: Frank E. Brown III, Esq.

801 Cherry Street, Suite 3500

Fort Worth, Texas

(Address of Principal Executive Offices)

   

76102

(Zip Code)

Registrant’s telephone number including area code - (817) 302-7000

 

 

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:

 

Title of each class

  

Trading Symbol(s)

  

Name of each exchange on which registered

None    None    None

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 


Item

8.01        Other Events

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 2020-3 (the “Issuing Entity”), to issue $205,000,000 Class A-1 0.17814% Asset Backed Notes (the “Class A-1 Notes”), $497,130,000 Class A-2-A 0.35% Asset Backed Notes (the “Class A-2-A Notes”), $50,000,000 Class A-2-B Floating Rate Asset Backed Notes (the “Class A-2-B Notes” and together with the Class A-2-A Notes, the “Class A-2 Notes”), $517,200,000 Class A-3 0.45% Asset Backed Notes (the “Class A-3 Notes”), $140,260,000 Class A-4 0.51% Asset Backed Notes (the “Class A-4 Notes” and together with the Class A-1 Notes, the Class A-2 Notes and the Class A-3 Notes, the “Class A Notes”), $76,080,000 Class B 0.76% Asset Backed Notes (the “Class B Notes”), $70,830,000 Class C 1.11% Asset Backed Notes (the “Class C Notes”) and $43,720,000 Class D 1.71% Asset Backed Notes (the “Class D Notes” and, collectively with the Class A Notes, the Class B Notes and the Class C Notes, the “Notes”), and an Asset Backed Certificate (the “Certificate”), on September 29, 2020 (the “Closing Date”). The Notes will be registered under the Registration Statement filed by the Depositor with the Securities and Exchange Commission under file number 333-229068 (the “Registration Statement”).

This Current Report on Form 8-K is being filed in connection with the issuance of the Notes to satisfy an undertaking to file unqualified validity and tax opinions at the time of each takedown from the Registration Statement. Copies of the validity and tax opinions delivered by Katten Muchin Rosenman LLP, counsel to the Registrants, in connection with the issuance of the Notes are attached hereto as Exhibits 5.1 and 8.1, respectively.

 

Item

9.01.        Financial Statements, Pro Forma Financial Information and Exhibits.

 

(a)

Not applicable.

 

(b)

Not applicable.

 

(c)

Not applicable.

 

(d)

Exhibits:

 

  5.1

Opinion of Katten Muchin Rosenman LLP with respect to validity.

 

  8.1

Opinion of Katten Muchin Rosenman LLP with respect to tax matters.

 

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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 2020-3
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: September 29, 2020

 

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