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BMW Auto Leasing LLC has signed an important deal to sell asset-backed notes.

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USB is expected to serve as trustee for one BMW trust's note sale. The filing gives no payment details or wider business change, so it does not show a clear change to USB's business.

USB · U.S. Bank Trust Company, National Association

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That role would give USB a formal part in the trust's note arrangement. The filing does not say what USB would earn, and the role concerns one BMW trust. It does not show a clear change across USB's business.

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