Free Writing Prospectus | Filed pursuant to Rule 433 |
Dated October 19, 2021 | Registration Nos. 333-228954 |
| and 333-228954-06 |
Subject: *FULL PXING DETAILS* $940.43mm CNH (CNH 2021-C) Equipment Loan
**FULL PRICING DETAILS/w UPDATED SETTLE DATE**
Lead Managers: Wells Fargo (str), Barclays, Santander
Co-Managers : ING, Unicredit
-ANTICIPATED CAPITAL STRUCTURE-
CLS | | TOTAL(mm) | | WAL* | | Moody’s/S&P | | P.WIN* | | L.FINAL | | BENCH | | SPREAD | | CPN% | | YLD% | | $PRICE | |
A-1 | | 221.000 | | 0.32 | | P-1/A1+ | | 01-08 | | 11/2022 | | Int.L | | - 3 | | .11014% | | .11014% | | $100.00000 | |
A-2 | | 306.500 | | 1.10 | | Aaa/AAA | | 08-21 | | 01/2025 | | EDSF | | + 7 | | .33% | | .337% | | $99.99259 | |
A-3 | | 306.500 | | 2.55 | | Aaa/AAA | | 21-45 | | 12/2026 | | IntS | | + 9 | | .81% | | .816% | | $99.98838 | |
A-4 | | 85.270 | | 3.86 | | Aaa/AAA | | 45-47 | | 10/2028 | | IntS | | + 12 | | 1.16% | | 1.166% | | $99.98803 | |
B | | 21.160 | | 3.88 | | Aa2/AA | | 47-47 | | 04/2029 | | IntS | | + 37 | | 1.41% | | 1.421% | | $99.97429 | |
* WAL to 20% CPR and 10% Clean-Up Call
-TRANSACTION DETAILS-
Offered Size : $940.43mm (No Grow)
Exp. Pricing : PRICED
Exp. Settle : *10/27/2021*
Registration : SEC REG
First Pay Date : 11/15/2021
ERISA Eligible : Yes
RR Compliance : US – Yes, EU - No
Expected Ratings : Moody’s / S&P
Min Denoms : $1k x $1k
Bloomberg Ticker : CNH 2021-C
-MARKETING MATERIALS-
Preliminary Prospectus, FWP & CDI File: Attached
IntexNet: Dealname: WSCNH21C | Password: Y2B3
DealRoadshow : https://dealroadshow.com | Password: CNH2021C
Direct Link: https://dealroadshow.com/e/CNH2021C
Note: This transaction highlights Environmental, Social, and Governance (ESG) initiatives as referenced in CNH Industrial N.V.’s Annual sustainability report. In 2020, for the 10th consecutive year, CNH Industrial N.V. was named an industry leader in Dow Jones Sustainability World and Europe Indexes. Please see the investor presentation for more information.
If this communication relates to an offering of US registered securities (i) a registration statement has been filed with the SEC, (ii) before investing you should read the filed documents, and (iii) you may obtain these documents from your sales representative, by calling 1-800-326-5897 or visiting www.sec.gov.
