FWP 1 d360583dfwp.htm FWP FWP

Free Writing Prospectus

Filed Pursuant to Rule 433

Registration Nos. 333-208659 and

333-208659-02

$456.9+MM USAA Auto Owner Trust (“USAOT”) 2017-1 Joint Leads: Mizuho (struc), RBC

Co-Managers: Deutsche Bank, Goldman Sachs, Lloyds, SMBC

 

Cls

 

Amt($mm)

 

OFFERED

 

M/S*

 

WAL

 

WIN

 

LGL

 

BENCH

 

SPRD

 

YIELD

 

CPN

 

$Px

A-1   146.600   139.270   P1/A-1+   0.26   1-7   9/18   YLD%     1.280%   1.28%   100.00000
A-2   130.200   123.690   Aaa/AAA   0.93   7-16   2/20   EDSF+   8   1.547%   1.54%   99.99813
A-3   130.200   123.690   Aaa/AAA   1.81   16-29   5/21   EDSF+   13   1.712%   1.70%   99.98946
A-4   65.520   62.244   Aaa/AAA   2.73   29-34   9/22   IntS+   23   1.889%   1.88%   99.99574
B   8.510   8.084   A3/A   2.82   34-34   10/24   IntS+   55   2.218%   2.20%   99.97867
* expected ratings

 

BBG TICKER   :    USAOT 2017-1    REGISTRATION   :    SEC Registered   
EXPECTED PXG   :    Priced    EXPECTED RATINGS   :    Moody’s/S&P   
EXPECTED SETTLE   :    9/20/2017    PXG SPEED   :    1.50% ABS   
FIRST PAY   :    10/16/2017    ERISA ELIGIBLE   :    Yes   
BILL & DELIVER   :    Mizuho    MIN DENOMS   :    $1K x $1K   

CUSIPS:

A1 90290AAA5
A2 90290AAB3
A3 90290AAC1
A4 90290AAD9
B 90290AAE7

The issuer has filed a registration statement (including a base prospectus) with the SEC for the offering to which this free writing prospectus relates. Before you invest in this offering, you should read the base prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC website at https://www.sec.gov. Alternatively, Mizuho will arrange to send you the base prospectus at no charge if you request it by calling Toll Free: Mizuho toll free #: 866-271-7403