Issuer

Bavarian Sky S.A., acting in respect of its Compartment German Auto Leases 8

Auto

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Summary

Bavarian Sky S.A., acting in respect of its Compartment German Auto Leases 8 represents the issuance of notes backed by receivables related to auto lease contracts (excluding their residual value component) granted by BMW Bank GmbH to private individuals and commercial lessees in the Federal Republic of Germany.