FWP 1 d829480dfwp.htm FWP FWP

Free Writing Prospectus

Filing Pursuant to Rule 433

Filed on June 8, 2020

Registration Statement No. 333-229068-05

**PRICING DETAILS** $1.25+BN GM Financial Lease (GMALT 2020-2)

Jt Active Bookrunners: Barclays (str), Deutsche Bank, Mizuho, Societe Generale

Co-Managers : CIBC, Credit Ag, JP Morgan, MUFG, Wells Fargo

-Anticipated Capital Structure-

CLS

    $AMT (MM)        WAL        M/S&P      E.FNL      SPREAD      YLD      CPN      PRICE  

A-1

      128.000          0.24        P-1/A-1+      11/2020      IntL-3        0.27975 %       0.27975 %       100.00000  

A-2A

      400.000          1.09        Aaa/AAA      02/2022      EDSF+40        0.717 %       0.71 %       99.99354  

A-2B

      60.000          1.09        Aaa/AAA      02/2022      1mL +40              100.00000  

A-3

      429.000          1.96        Aaa/AAA      10/2022      EDSF+50        0.808 %       0.80 %       99.98705  

A-4

      90.140          2.40        Aaa/AAA      12/2022      IntS+70        1.019 %       1.01 %       99.98375  

B

      59.760          2.56        Aa1/AA+      01/2023      IntS+125        1.575 %       1.56 %       99.97531  

C

      55.630          2.69        Aa3/A+      03/2023      IntS+225        2.580 %       2.56 %       99.98374  

D

      34.340          2.80        A3/A      04/2023      IntS+290        3.234 %       3.21 %       99.99348  

 

Expected Settle:    6/17/2020    Registration:    SEC-REG
First Pay Date:    7/20/2020    ERISA Eligible:    Yes
Expected Ratings:    Moody’s, S&P    Min Denoms:    $1k / $1k
Ticker:    GMALT 2020-2    Bill & Deliver:    Barclays
Expected Pricing:    PRICED    Pricing Speed    100% PPC

-Available Materials-

* Prelim Prospectus : Attached

* Ratings FWP : Attached

* Dealroadshow : http://www.dealroadshow.com | Password: GMALT202

* Intexnet Name: bcggmalt_2020-2_preprice | Password: 72XY

 

 

THE ISSUER HAS FILED A REGISTRATION STATEMENT (INCLUDING A PROSPECTUS) WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION (SEC) FOR THIS OFFERING. BEFORE YOU INVEST, YOU SHOULD READ THE PROSPECTUS FOR THIS OFFERING IN THAT REGISTRATION STATEMENT, AND OTHER DOCUMENTS THAT 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 SEARCHING THE SEC ONLINE DATABASE (EDGAR) AT http://WWW.SEC.GOV. ALTERNATIVELY, YOU MAY OBTAIN A COPY OF THE PROSPECTUS FROM BARCLAYS CAPITAL INC. BY CALLING 1-888-603-5847.