Filed Pursuant to Rule 433
Registration Nos. 333-206176 and 333-206176-01
$821+MM Synchrony Credit Card Master Note Trust 2017-1
JT-BOOKS : Barclays (B&D), Mizuho, TD
SEC-Registered CO-MGRS : Citi, Mischler, RBC, SG
| CLS | AMT(MM) | WAL | M/F | E.FNL | L.FNL | BMK | SPRD | YIELD | CPN | PX |
| A | 750.000 | 3.00 | Aaa/AAA | 06/20 | 06/23 | Swaps | + 31 | 1.938 | 1.93 | 99.99936 |
| B | 71.917+ | 3.00 | Aa2/AA | 06/20 | 06/23 | Swaps | + 58 | 2.208 | 2.19 | 99.97708 |
| BBERG TICKER: SYNCT 17-1 | REGISTRATION: SEC-REG |
| EXPECTED PRICING: PRICED | EXPECTED RATINGS: MOODYS/FITCH |
| EXPECTED SETTLE: 06/16/17 | ERISA ELIGIBLE: YES |
| FIRST PAY DATE: 07/17/17 | MIN DEMOMS: $10k X $1k (A) $10k X $1 (B) |
| BILL & DELIVER: BARCLAYS | CUSIPS: 87165LBP5 (A) 87165LBQ3 (B) |
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 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®) ATWWW.SEC.GOV. ALTERNATIVELY, YOU MAY OBTAIN A COPY OF THE PROSPECTUS FROM BARCLAYS CAPITAL INC. BY CALLING 1-888-603-5847.
