FWP 1 d160735dfwp.htm FWP FWP

Free Writing Prospectus

Dated April 13, 2021

Filed Pursuant to Rule 433(d)

Registration No. 333-228379

Registration No. 333-228379-10

$1.555BLN CarMax Auto Owner Trust (CARMX) 2021-2

JT-Leads: BofA (struc), Mizuho, TD, Wells Fargo

Co-Mgrs: CIBC, MUFG, Scotia, SMBC

 

CLS        

    Size
($mm)		      WAL      S&P/F    PWIN      E.FINAL      L.FINAL      BNCH    SPD      YLD      CPN      $PRICE  
A-1      343.000        0.30      A-1+/F1+      1-7      11/21        4/15/22      ILIB      -5                    0.14090        100.00000  
A-2a      463.060        1.14      AAA/AAA      7-22        2/23      6/17/24      EDSF      +7        0.276      0.27      99.99334  
A-2b      50.000        1.14      AAA/AAA      7-22        2/23      6/17/24      1ML      +7                                100.00000  
A-3      468.060        2.58      AAA/AAA      22-42        10/24        2/17/26      ISWP      +14        0.529      0.52        99.97845  
A-4      126.430        3.77    AAA/AAA      42-47        3/25      12/15/26      ISWP      +15        0.813      0.81        99.99397  
B      43.650        3.90    AA/AA      47-47      3/25      12/15/26      ISWP      +34        1.035      1.03        99.98940  
C      38.980        3.90    A/A      47-47      3/25      2/16/27      ISWP      +65        1.345      1.34        99.99528  
D      21.820        3.90    BBB/BBB      47-47      3/25      10/15/27      ISWP      +87        1.565      1.55      99.96250  

 

 

BILL & DELIVER    : BofA    BBG TICKER    : CARMX 2021-2                
EXPECTED RATINGS    : S&P/Fitch    REGISTRATION    : SEC Registered   
EXPECTED SETTLE    : 4/21/21    FIRST PAY DATE    : 5/17/21   
EXPECTED PRICING    : PRICED 4/13/21    PXG SPEED    : 1.3% ABS to 10% CALL   
ERISA ELIGIBLE    : Yes    DENOMS    : $5k x $1k   
CUSIPS   

A-1   14314QAA2

    INTEX    : bascarmx2021-2_upsize VUYX   
  

A-2a  14314QAB0

    www.dealroadshow.com        CARMX20212   
  

A-2b  14314QAH7

         
  

A-3   14314QAC8

         
  

A-4   14314QAD6

         
  

B    14314QAE4

         
  

C    14314QAF1

         
  

D   14314QAG9

         

 

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 toll-free 1-800-294-1322 or you may e-mail a request to prospectus_request@bofa.com. The securities may not be suitable for all investors. BofA Securities, Inc. and its affiliates may acquire, hold or sell positions in these securities, or in related derivatives, and may have an investment or commercial banking relationship with the issuer.