FWP 1 d586878dfwp.htm FWP FWP

Filed Pursuant to Rule 433

Registration No. 333-215494-05

«  Priced    «  Drive Auto Receivables Trust 2018-2 (Subprime Auto)

Joint Bookrunners : Societe Generale (struc), J.P. Morgan, RBC

CO-MANAGERS : Citigroup, MUFG, Santander

 

Cls      Prin($mm)     Mdy’s/S&P      WAL        Window        Legal      Bch      Spread       Yield  
A1      155.000     P-1/A-1+      0.13        1-3        05/19    Yld      2.45     2.450
A2      327.000     Aaa/AAA      0.49        3-10        09/20      EDSF      28       2.660
A3      126.750     Aaa/AAA      1.00        10-15        06/21      EDSF      35       2.900
B      186.120     Aa1/AA      1.49        15-22        04/22      EDSF      55       3.251
C      236.510     Aa3/A      2.20        22-32        08/24      IntS      83       3.658
D      237.320     Baa3/BBB      3.17        32-45        08/24      IntS      125       4.180
E      72.340     ***Retained***                                          

 

Transaction Details   
* Deal Size: $1,341,040,000   
* Offered Bonds: $1,268,700,000    * Risk Retention: US / EU
* Ticker: DRIVE 2018-2    * Registration: SEC Registered
* Exp. Ratings: Moody’s / S&P    * ERISA Eligible: Yes
* Pricing Speed: 1.75% ABS, 10% Call    * Exp. Pricing: Priced
* Min Denoms: $1k x $1k    * Exp. Settle: 05/23/2018
* Bill & Deliver: Societe Generale    * First Pay: 06/15/2018

 

Class    SEC CUSIP    SEC ISIN
A1    26208JAA1    US26208JAA16
A2a    26208JAB9    US26208JAB98
A2b    26208JAC7    US26208JAC71
A3    26208JAD5    US26208JAD54
B    26208JAE3    US26208JAE38
C    26208JAF0    US26208JAF03
D    26208JAG8    US26208JAG85

Attachments

-Preliminary Prospectus, FWP, CDI

-Intexnet Dealname: socdrive1802

-Intexnet Password: VJJ4

-DealRoadshow.com: DRIVE182

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 1-855-881-2108.