0001104659-22-108365.txt : 20221013 0001104659-22-108365.hdr.sgml : 20221013 20221013112529 ACCESSION NUMBER: 0001104659-22-108365 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20221013 DATE AS OF CHANGE: 20221013 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: John Deere Owner Trust 2022-C CENTRAL INDEX KEY: 0001948523 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: NV FISCAL YEAR END: 1030 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-264978-02 FILM NUMBER: 221308468 BUSINESS ADDRESS: STREET 1: 10587 DOUBLE R BOULEVARD STREET 2: SUITE 100 CITY: RENO STATE: NV ZIP: 89521 BUSINESS PHONE: 775-786-5527 MAIL ADDRESS: STREET 1: 10587 DOUBLE R BOULEVARD STREET 2: SUITE 100 CITY: RENO STATE: NV ZIP: 89521 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: John Deere Owner Trust 2022-C CENTRAL INDEX KEY: 0001948523 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: NV FISCAL YEAR END: 1030 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 10587 DOUBLE R BOULEVARD STREET 2: SUITE 100 CITY: RENO STATE: NV ZIP: 89521 BUSINESS PHONE: 775-786-5527 MAIL ADDRESS: STREET 1: 10587 DOUBLE R BOULEVARD STREET 2: SUITE 100 CITY: RENO STATE: NV ZIP: 89521 FWP 1 tm2227162d7_fwp.htm FWP

Filed pursuant to Rule 433(d) 

Registration Nos. 333-264978 and 333-264978-02

 

FINAL TERM SHEET, dated October 12, 2022

 

$1,270,668,000

 

John Deere Owner Trust 2022-C
Issuing Entity

 

$ 310,000,000 Class A-1 4.140% Asset Backed Notes
$ 439,211,000 Class A-2 4.98% Asset Backed Notes
$ 439,211,000 Class A-3 5.09% Asset Backed Notes
$ 82,246,000 Class A-4 5.20% Asset Backed Notes
       

 

John Deere Receivables LLC, Seller and Depositor
John Deere Capital Corporation, Sponsor and Servicer

 

 

Class A-1
Notes(1)

Class A-2
Notes(1)

Class A-3
Notes(1)

Class A-4
Notes(1)

  
Principal Amount $310,000,000 $439,211,000 $439,211,000 $82,246,000  
Per Annum Interest Rate 4.140% 4.98% 5.09% 5.20%  
Final Scheduled Payment Date October 16, 2023 August 15, 2025 June 15, 2027 September 17, 2029  
Initial Public Offering Price 100.00000% 99.99642% 99.99224% 99.98497%  

Ratings (Moody’s/Fitch)

 P-1/F1+ Aaa/AAA Aaa/AAA Aaa/AAA  
Payment Date Monthly, beginning December 15, 2022 (subject to the business day convention) Monthly, beginning December 15, 2022 (subject to the business day convention) Monthly, beginning December 15, 2022 (subject to the business day convention) Monthly, beginning December 15, 2022 (subject to the business day convention)  
Weighted Average Life(2) 0.33 1.13 2.54 3.49  
CUSIP 47800B AA6 47800B AB4 47800B AC2 47800B AD0  

 

(1)Subject to the considerations set forth in the preliminary prospectus, the Notes are generally eligible for purchase by or on behalf of employee benefit plans subject to the Employee Retirement Income Security Act of 1974, as amended, and other similar retirement plans and arrangements that are subject to Section 4975 of the Internal Revenue Code of 1986, as amended.
 (2)Pricing speed: 16% CPR (with a 10% clean-up call).

 

 

 

 

Trade Date:  October 12, 2022
Expected Settlement Date:  October 19, 2022
Initial Note Value:  $1,303,249,391.71 (discount rate: 8.40%)
Initial Overcollateralization Amount:  $32,581,392
Initial Reserve Account Deposit:  $13,032,494
Specified Reserve Account Balance:  $13,032,494

 

Citigroup BofA Securities Credit Agricole
Securities		 MUFG

 

HSBCRBC Capital Markets

 

The Depositor has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the Depositor has filed with the SEC for more complete information about the Depositor, the issuing entity, and this offering. You may get these documents for free by visiting EDGAR on the SEC Website at www.sec.gov. Alternatively, the Depositor, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-831-9146.

 

This free writing prospectus does not contain all information that is required to be included in the prospectus.