FWP 1 d746178dfwp.htm FWP FWP

Filed Pursuant to Rule 433

Registration Nos. 333-229302 and

333-229302-01

**PXG DETAILS** $475mm USAA Auto Owner Trust 2019-1 (USAOT 2019-1)

Joint Leads: J.P. Morgan (struc), Deutsche Bank and SMBC Nikko

Co-Managers: BAML, Mizuho, TD

TOTAL OFFERED

 

CL

 

AMT($MM)

 

AMT($MM)

 

WAL

 

MDY/S

 

SPREAD

 

YLD%

 

CPN%

 

$PX

A-1

  132.000   125.400   0.21   P-1/A-1+   IntL+ -2   2.26054   2.26054   100.00000

A-2

  152.000   144.400   0.92   Aaa/AAA   EDSF+ 21   2.277   2.26   99.99436

A-3

  133.000   126.350   1.88   Aaa/AAA   EDSF+ 30   2.170   2.16   99.99957

A-4

  74.180   70.471   2.89   Aaa/AAA   IntS+ 35   2.156   2.14   99.98216

B

  8.820   8.379   3.04   A3/A   IntS+ 55   2.349   2.33   99.97779

 

Expected Settle :   07/31/2019      Registration :    SEC Registered
First Pay Date :   08/15/2019      ERISA Eligible :    Yes
Expected Ratings :   Moody’s, S&P      Min Denoms :    $1k x $1k
Ticker :   USAOT 2019-1      Pxing Speed :    1.5% ABS to 10% Call
Expected Pricing :   PRICED      Bill & Deliver :    J.P. Morgan
ABS-15G Filing :   Mon, 07/08        

CUSIPs

 

A-1    : 90290EAA7   Available Information:  
A-2    : 90290EAB5   * Preliminary Prospectus: Attached  
A-3    : 90290EAC3   * Ratings FWP: Attached  
A-4    : 90290EAD1   * IntexNet/CDI: Separate Message  
B    : 90290EAE9    

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the 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 Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling 1-800-408-1016 or by emailing the ABS Syndicate Desk at abs_synd@jpmorgan.com. You should not reply to this announcement. Any reply e-mail communications, including those you generate by using the “Reply” function on your e-mail software, will be ignored or rejected.

This notice does not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction where such offer or solicitation would be unlawful, and does not constitute an offer to sell or a solicitation of an offer to buy or an advertisement in respect of securities in any province or territory of Canada other than the provinces of Ontario, Quebec, Alberta, British Columbia, Nova Scotia and New Brunswick unless the issuer has securities listed or quoted on one of the exchanges or markets referred to in the definition of “OTC Issuer” in Multilateral Instrument 51-105.

Any disclaimer or other notice that may appear below is not applicable to this communication and should be disregarded. Such disclaimer or notice was automatically generated as a result of this communication being sent by Bloomberg or another email system.

No EEA Retail sales/No PRIIPs KID.