0000929638-22-001293.txt : 20220809 0000929638-22-001293.hdr.sgml : 20220809 20220808203646 ACCESSION NUMBER: 0000929638-22-001293 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20220809 DATE AS OF CHANGE: 20220808 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Toyota Auto Receivables 2022-C Owner Trust CENTRAL INDEX KEY: 0001933877 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-259868-03 FILM NUMBER: 221146091 BUSINESS ADDRESS: STREET 1: 6565 HEADQUARTERS DRIVE STREET 2: ATTENTION: SEC REPORTING CITY: PLANO STATE: TX ZIP: 75024 BUSINESS PHONE: 469-486-9013 MAIL ADDRESS: STREET 1: 6565 HEADQUARTERS DRIVE STREET 2: ATTENTION: SEC REPORTING CITY: PLANO STATE: TX ZIP: 75024 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: TOYOTA AUTO FINANCE RECEIVABLES LLC CENTRAL INDEX KEY: 0001131131 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 334836519 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 6565 HEADQUARTERS DRIVE STREET 2: ATTENTION: SEC REPORTING CITY: PLANO STATE: TX ZIP: 75024 BUSINESS PHONE: 469-486-9013 MAIL ADDRESS: STREET 1: 6565 HEADQUARTERS DRIVE STREET 2: ATTENTION: SEC REPORTING CITY: PLANO STATE: TX ZIP: 75024 FWP 1 fwp.htm
Free Writing Prospectus
Filed Pursuant to Rule 433
Dated August 8, 2022
Registration Statement Nos. 333-259868 and 333-259868-03

*PRICED* $1.389Bn+ (Offered) Toyota (TAOT 2022-C) Prime Auto Loan

Joint Bookrunners : Citi (str), BMO, Bank of America, and Credit Ag
DE&I Coordinator : Citi
DE&I Active Co-Managers : Academy Securities, Cabrera Capital Markets, CastleOak Securities

CLS
TOTAL(mm)
OFFER(mm)
WAL*
F/S
E.FNL
L.FNL
BENCH
SPREAD
YLD (%)
Cpn (%)
$px

 
A-1
323.000
306.850
0.24
F1+/A-1+
02/15/23
08/15/23
I-Curv
+42
2.939
2.939
100.00000
A-2a
365.400
347.130
1.06
AAA/AAA
04/15/24
08/15/25
I-Curv
+62
3.870
3.830
99.99056
A-2b
156.600
148.770
1.06
AAA/AAA
04/15/24
08/15/25
SOFR*
+57
    
100.00000
A-3
490.000
465.500
2.40
AAA/AAA
12/15/25
04/15/27
I-Curv
+62
3.797
3.76
99.98329
A-4
127.500
121.125
3.70
AAA/AAA
08/15/26
02/15/28
I-Curv
+75
3.801
3.77
99.99572
B
37.500
**
NOT
OFFERED
**
            
 
            
* Pricing Speed: 1.3% ABS to 5% Clean-Up Call
* A-2b benchmark is SOFR 30A

-TRANSACTION DETAILS-
Bloomberg Ticker : TAOT 2022-C
Offered Size : $1.389,375 Offered Notes
Registration : SEC Registered
ERISA Eligible : (A-1:A-4) Yes; (B) No
RR Compliance : US – Yes, EU - Investors should independently assess EU CRR compliance
Ratings : Fitch / S&P
Settlement Date : 08/16/22
First Pay Date : 09/15/22
Minimum Denominations : $1k x 1k
Delivery : DTC, Clearstream, Euroclear
B&D : Citi

-CUSIPS-
A1: 89231CAA5 / A2A: 89231CAB3 / A2B: 89231CAC1 / A3: 89231CAD9 / A4: 89231CAE7
 
 
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 Website 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 toll-free 1-800-831-9146.