Filed Pursuant to Rule 433
Registration No. 333-260710
**PXG DETAILS** $1.25bln Capital One Prime Auto Receivables Trust 2023-1 (COPAR 2023-1)
Joint-Leads: J.P. Morgan (struc), Bank of America, and Citigroup Co-Managers: Capital One, Academy, CastleOak and Siebert Williams
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| | | TOTAL | | | OFFERED | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
CL | | SZ($MM) | | | SZ($MM) | | | WAL | | | S&P/F | | | P.WIN | | | E.FNL | | | L.FNL | | | SPREAD | | | YLD% | | | CPN% | | | $PX | |
A-1 | | | 234.000 | | | | 222.300 | | | | 0.19 | | | | A-1+/F1+ | | | | 1-5 | | | | 07/23 | | | | 03/24 | | | | I-Curve+17 | | | | 4.900 | | | | 4.90 | | | | 100.00000 | |
A-2 | | | 508.100 | | | | 482.690 | | | | 1.04 | | | | AAA/AAA | | | | 5-21 | | | | 11/24 | | | | 05/26 | | | | I-Curve+38 | | | | 5.258 | | | | 5.20 | | | | 99.99886 | |
A-3 | | | 475.000 | | | | 451.250 | | | | 2.54 | | | | AAA/AAA | | | | 21-43 | | | | 09/26 | | | | 02/28 | | | | I-Curve+56 | | | | 4.928 | | | | 4.87 | | | | 99.98080 | |
A-4 | | | 98.700 | | | | 93.760 | | | | 3.64 | | | | AAA/AAA | | | | 43-44 | | | | 10/26 | | | | 08/28 | | | | I-Curve+68 | | | | 4.809 | | | | 4.76 | | | | 99.99510 | |
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| Expected Settle : | | 02/23/23 | | Registration : SEC Registered |
| First Pay Date : | | 03/15/23 | | ERISA Eligible : Yes |
| Expected Ratings : | | S&P, Fitch | | Px Speed : 1.30% ABS and 10% clean-up call |
| Ticker : | | COPAR 2023-1 | | Min Denoms : $1k x $1k |
| Bill & Deliver : | | J.P. Morgan | | |
| Expected Pricing : | | Priced | | Available Information: |
| CUSIPs : | | A1 14043KAB1 | | * Prelim Prospectus : Attached |
| | A2 14043KAD7 | | * Ratings FWP : Attached |
| | A3 14043KAH8 | | * DealRoadshow.com : COPAR231 |
| | A4 14043KAK1 | | * IntexNet/CDI : Separate Message |
Maintaining its commitment to diversity, equity and inclusion (DE&I), Capital One has mandated J.P. Morgan as the transaction’s DE&I coordinator to assist in the placement of securities including, but not limited to, retention bonds allocated to the DE&I co-managers: Academy, CastleOak and Siebert Williams.
The issuer 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 issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling 800-408-1016 or by emailing the ABS Syndicate Desk at abs_synd@jpmorgan.com.
