FWP 1 d919991dfwp.htm FWP FWP

Free Writing Prospectus

Filing Pursuant to Rule 433

Filed on April 16, 2020

Registration Statement No. 333-220233-10

$800+ million GM Financial Consumer Automobile Receivables Trust (GMCAR) 2020-2

 

Joint Bookrunners:

RBC (str), BMO, Barclays, JPM

Co-managers (Class A):

CIBC, Credit Ag, DB, Mizuho, MUFG

 

CLS   SIZE ($MM)     WAL     S/F   P. WIN     E.FNL     L.FNL         BNCH SPRD   YLD%     CPN%     $Px  

A-1

     145.00       0.21     A-1+/F1+     1-6       10/20       04/21       iLib+       20     1.25869       100.00000  

A-2-A

     221.38       1.02     AAA/AAA     6-20       12/21       03/23       EDSF+     105     1.509       1.50       99.99568  

A-2-B

     60.00       1.02     AAA/AAA     6-20       12/21       03/23       1mL+     105     1mL+105       100.00000  

A-3

     281.38       2.42     AAA/AAA     20-41       09/23       12/24       iSwp+     110     1.497       1.49       99.99443  

A-4

     57.39       3.58     AAA/AAA     41-44       12/23       08/25       iSwp+     135     1.753       1.74       99.97703  

B

     12.99       3.65     AA/AA     44-44       12/23       08/25       iSwp+     215     2.554       2.54       99.99824  

C

     12.19       3.65     A/A     44-44       12/23       08/25       iSwp+     323     3.634       3.60       99.97689  

D

     10.15             <RETAINED>                

 

Expected Pricing :

   

*Priced*

   

Ticker :

   

GMCAR 2020-2

Expected Settle :

   

04/22/20

   

Registration :

   

Public/SEC Registered

First Payment :

   

05/18/20

   

ERISA Eligible :

   

Yes

Expected Ratings :

   

S&P, Fitch

   

Pxing Speed :

   

1.30% ABS to 10% Call

Bill & Deliver :

   

RBC

   

Min Denoms :

   

$1k x $1k

CUSIPs A-1 : 36258V AA2

A-2-A : 36258V AB0

A-2-B : 36258V AC8

A-3 : 36258V AD6

A-4 : 36258V AE4

B : 36258V AF1

C : 36258V AG9

Available Materials

- Preliminary Prospectus, Free Writing Prospectus

- Intex CDI

- Intexnet dealname : “rbcgmar202”; password: “V344”

- www.dealroadshow.com; password “GMCAR202”

 

 

 

The issuer has filed a registration statement (including a prospectus) with the SEC for the new offering to which this free writing prospectus 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 1-866-375-6829.