FWP 1 taot2023d_fwp.htm
Free Writing Prospectus
Filed Pursuant to Rule 433
Dated November 7, 2023
Registration Statement Nos. 333-259868 and 333-259868-08
 
***PRICING DETAILS*** $1.48+bln Toyota Auto Receivables 2023-D Owner Trust (TAOT 2023-D)
 
Joint Bookrunners : J.P. Morgan (struc), MUFG, SMBC, U.S Bancorp
 
Co-Managers : CIBC, Scotia Capital, UniCredit
 
TOTAL AVAIL
 
CL
AMT($MM)
AMT($MM)
WAL
S&P/F
P.WIN
E.FNL
L.FNL
BENCH
SPREAD
YLD%
CPN%
$PX
A-1
310.000
294.500
0.21
A-1+/F1+
1-5
04/24
11/24
I-Curve
+18
5.604
5.604
100.00000
A-2a
312.300
296.685
1.06
AAA/AAA
5-21
08/25
11/26
I-Curve
+57
5.872
5.80
99.99849
A-2b*
312.300
296.685
1.06
AAA/AAA
5-21
08/25
11/26
SOFR30A
+55
    
100.00000
A-3
554.400
526.680
2.54
AAA/AAA
21-43
06/27
08/28
I-Curve
+81
5.609
5.54
99.98922
A-4
71.000
67.450
3.82
AAA/AAA
43-47
10/27
03/29
I-Curve
+92
5.560
5.49
99.97705
B
40.000
  
3.92
<RETAINED>
                
* Class A-2b benchmark is SOFR 30A

Expected Settle :
11/14/23
Registration :
SEC Registered
First Pay Date :
12/15/23
ERISA Eligible :
Yes
Expected Ratings :
S&P, Fitch
Px Speed :
1.30% ABS to 5% Clean-Up Call
Ticker :
TAOT 2023-D
Min Denoms :
$1k x $1k
Bill & Deliver :
J.P. Morgan
    
Expected Pricing :
PRICED
    

CUSIPs :
Available Information:
A-1 89239FAA0
* Prelim Prospectus : Attached
A-2a 89239FAB8
* Ratings FWP : Attached
A-2b 89239FAC6
* IntexNet/CDI : Separate Message
A-3 89239FAD4
  
A-4 89239FAE2
  

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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 800-408-1016 or by emailing the ABS Syndicate Desk at abs_synd@jpmorgan.com.