FWP 1 a20-22123_8fwp.htm FWP

 

Free Writing Prospectus
Filed Pursuant to Rule 433
Dated June 16, 2020
Registration Statement Nos. 333-225949 and
333-225949-06

 

*Full Pricing* US$2,105.65 million Ford Prime Auto Loan (FORDO 2020-B)

 

Active Joint Lead Managers: Citi (str.), Lloyds, and SMBC

Passive Joint Lead Managers: Mizuho and Wells Fargo

Co-Managers: UniCredit and Banco Bradesco

Selling Group: Academy Securities, CastleOak Securities, and Siebert Williams Shank

 

CLS

AMT($MM)

WAL

F/S

WNDW

L.FINL

BENCH

SPRD

YLD

CPN

$PX

A-1

$411.540

0.26

F1+/A-1+

1-6

7/15/2021

iLIB+

-5

0.26275

0.26275

100.00000

A-2

$685.900

0.99

AAA/AAA

6-18

2/15/2023

EDSF+

20

0.505

0.50

99.995600

A-3

$686.130

2.19

AAA/AAA

18-36

10/15/2024

iSwp+

30

0.567

0.56

99.986210

A-4

$216.800

3.35

AAA/AAA

36-43

11/15/2025

iSwp+

50

0.792

0.79

99.997700

B

$ 63.160

3.57

AA/AA+

43-43

1/15/2026

iSwp+

90

1.202

1.19

99.968550

C

$ 42.120

3.57

A/AA

43-43

12/15/2026

iSwp+

175

2.052

2.04

99.988720

 

 

Settle

:

6/19/20

Registration

:

SEC Registered

First Pay Date

:

7/15/20

ERISA Eligible

:

Yes

Expected Ratings

:

Fitch, S&P

Min Denoms

:

$1k x $1k

Ticker

:

FORDO 2020-B

Pxing Speed

:

1.3 ABS to 10% Call

Bill & Deliver

:

Citi

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Available Information:

 

 

 

 

 

* Documents

:

Preliminary Prospectus, Ratings FWP

 

 

* Intex Deal Name

:

XFAOT20B Password: V4Y6

 

 

 

 

 

 

 

 

 

 

 

 

CUSIPS/ISIN

:

 

 

 

A-1

:

34533G AA7 / US34533GAA76

 

 

A-2

:

34533G AB5 / US34533GAB59

 

 

A-3

:

34533G AD1 / US34533GAD16

 

 

A-4

:

34533G AE9 / US34533GAE98

 

 

B

:

34533G AF6 / US34533GAF63

 

 

C

:

34533G AG4 / US34533GAG47

 

 

 

 

This communication is issued by a member of the Sales and Trading Department of Citigroup Global Markets Inc. and intended for institutional investors only. For important disclosures and disclaimers please see https://icg.citi.com/icg/data/documents/ST_ExternalDiscl.pdf. This message is for the internal use of the intended recipients and may contain information proprietary to Citi which may not be reproduced, redistributed, or copied in whole or in part without Citi’s prior consent.