FWP 1 d389795dfwp.htm FWP FWP

Free Writing Prospectus

Dated October 26, 2022

Filed Pursuant to Rule 433(d)

Registration No. 333-260819

Registration No. 333-260819-04

**PRICED/DETAILS** $1.383+bn offered CARMX 2022-4

Joint Leads: Barclays, Mizuho, RBC, WF

Co-Managers: CIBC, Scotia, TD, Truist

-ANTICIPATED CAPITAL STRUCTURE-

 

CLS

 

SIZE(mm)

 

OFFERED

 

WAL*

 

S&P/Fitch

 

PWIN

 

E.FNL

 

L.FNL

 

BENCH

 

SPRD

 

YLD%

 

COUPON

 

Price

A-1

  245.510   243.300   0.25   A-1+/F1+   1-7   5/23   11/23   I-CRV   +45   4.466%   4.466   100.0000

A-2A

  275.000   272.525   1.11   AAA/AAA   7-22   8/24   12/25   I-CRV   +90   5.408%   5.34   99.99164

A-2B

  205.700   203.848   1.11   AAA/AAA   7-22   8/24   12/25   SOFR30A   +90       100.0000

A-3

  456.420   452.312   2.54   AAA/AAA   22-42   4/26   8/27   I-CRV   +100   5.410%   5.34   99.97655

A-4

  96.430   95.562   3.69   AAA/AAA   42-48   10/26   7/28   I-CRV   +145   5.774%   5.70   99.98122

B

  36.350   36.022   4.02   AA/AA   48-49   11/26   7/28   I-CRV   +180   6.090%   6.01   99.98555

C

  33.500   33.198   4.04   A/A   49-49   11/26   7/28   I-CRV   +230   6.587%   6.49   99.97063

D

  46.850   46.428   4.04   BBB/BBB   49-49   11/26   4/29   I-CRV   +410   8.387%   8.08   99.43814

 

*

Pricing Speed: 1.3 ABS to 10% Clean-Up Call

**

The issuer is retaining a small vertical slice for risk retention purposes


-TRANSACTION DETAILS-

Offered Size : Upsized to $1.383+bn

Registration : SEC REG

ERISA Eligible : Yes

RR Compliance: US – Yes, EU - No

Expected Ratings : S&P / Fitch

Bloomberg Ticker : CARMX 2022-4

Pricing Time: 10/26/2022 - TOE: 1:45PM

Settle : 10/31/2022

First Pay : 11/15/2022

-MARKETING MATERIALS-

Preliminary Prospectus & CDI File: Attached

IntexNet: Dealname: bcgcarmx_22-4_red | Password: X3XY

DealRoadshow : https://dealroadshow.com| Password: CARMX224

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.