0001193125-21-215509.txt : 20210715 0001193125-21-215509.hdr.sgml : 20210715 20210714190129 ACCESSION NUMBER: 0001193125-21-215509 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20210715 DATE AS OF CHANGE: 20210714 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Santander Drive Auto Receivables Trust 2021-3 CENTRAL INDEX KEY: 0001868834 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-228364-16 FILM NUMBER: 211091288 BUSINESS ADDRESS: STREET 1: 1601 ELM STREET STREET 2: SUITE 800 CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: 214-634-1110 MAIL ADDRESS: STREET 1: 1601 ELM STREET STREET 2: SUITE 800 CITY: DALLAS STATE: TX ZIP: 75201 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Santander Drive Auto Receivables Trust 2021-3 CENTRAL INDEX KEY: 0001868834 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 1601 ELM STREET STREET 2: SUITE 800 CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: 214-634-1110 MAIL ADDRESS: STREET 1: 1601 ELM STREET STREET 2: SUITE 800 CITY: DALLAS STATE: TX ZIP: 75201 FWP 1 d187396dfwp.htm FWP FWP

Filed Pursuant to Rule 433

Registration No. 333-228364-16

Joint Leads : Barclays (str), Deutsche Bank Securities and Wells Fargo Securities

Co-Managers : BNP Paribas, MUFG Securities Americas, Santander Investment Securities

– Anticipated Capital Structure –

 

CLS

    AMT($MM)*   

WAL

   

M/F

   

SPREAD

    YIELD   

CPN

    PRICE

 

 

A–1

    329.00    0.15   

P–1/F1+

   

IntL+3

    0.14133%       100.00000

A–2

    746.94    0.65   

Aaa/AAA

   

EDSF+15

    0.300%    0.29%    99.99363

A–3

    355.69    1.39   

Aaa/AAA

   

EDSF+13

    0.338%    0.33%    99.98926

B

    341.88    1.96   

Aaa/AA

   

EDSF+30

    0.610%    0.60%    99.98200

C

    356.13    2.63   

Aa1/A

   

IntS+50

    0.957%    0.95%    99.98677

D

    370.36    3.48   

Baa2/BBB

   

IntS+70

    1.336%    1.33%    99.99221

E

    163.82   

<Not Offered>

            

 

 

– Transaction Details –

Offered Amount : $2.5bn

Registration : SEC–registered

Bloomberg Ticker : SDART 2021–3

Expected Ratings : Moody’s / Fitch

ERISA Eligible : Yes

Risk Retention Compliance : US – Yes, EU – Yes

Expected Settlement : 07/21/2021

First Payment Date : 08/16/2021

Minimum Denoms : $1k x $1k

Bill and Deliver : Barclays

Expected Pricing : PRICED

– Available Materials –

Attached : Preliminary Prospectus, Free Writing Prospectus

Deal Roadshow : https://dealroadshow.com | Password: SDART213

Intex Dealname : bcgsdart_2021-3_preprice | Password: AUBJ

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 www.sec.gov. Alternatively, you may obtain a copy of the prospectus from Barclays Capital Inc. by calling 1-888-603-5847.