Free Writing Prospectus
Dated January 17, 2018
Filed Pursuant to Rule 433(d)
Registration No. 333-207329
Registration No. 333-207329-09
$1.35bln CarMax Auto Owner Trust 2018-1 (“CARMX”) 2018-1 (Prime Auto)
Joint-Leads: RBC (str), Barclays, MUFG
Co-Managers: BAML, Mizuho, Scotiabank, Wells Fargo
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CLS | | AMT($MM) | | WAL | | S/F | | E.FIN | | L.FIN | | BNCH | | SPRD | | YLD% | | CPN% | | PRICE |
A-1 | | 278.000 | | 0.31 | | A-1+/F1+ | | 09/18 | | 02/19 | | YLD% | | | | 1.700 | | 1.70 | | 100.00000 |
A-2A | | 392.000 | | 1.23 | | AAA/AAA | | 12/19 | | 05/21 | | EDSF | | +15 | | 2.246 | | 2.23 | | 99.99330 |
A-2B | | 75.000 | | 1.23 | | AAA/AAA | | 12/19 | | 05/21 | | 1mL | | +15 | | | | | | 100.00000 |
A-3 | | 394.000 | | 2.66 | | AAA/AAA | | 08/21 | | 11/22 | | iSwp | | +19 | | 2.496 | | 2.48 | | 99.99203 |
A-4 | | 112.630 | | 3.81 | | AAA/AAA | | 01/22 | | 06/23 | | iSwp | | +27 | | 2.659 | | 2.64 | | 99.98418 |
B | | 37.990 | | 3.98 | | AA/AA | | 01/22 | | 09/23 | | iSwp | | +45 | | 2.849 | | 2.83 | | 99.99166 |
C | | 34.600 | | 3.98 | | A/A | | 01/22 | | 11/23 | | iSwp | | +57 | | 2.969 | | 2.95 | | 99.99706 |
D | | 25.780 | | 3.98 | | BBB/BBB | | 01/22 | | 07/24 | | iSwp | | +100 | | 3.399 | | 3.37 | | 99.98085 |
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Expected Pricing : PRICED | | Registration : SEC Registered |
Expected Settle : 01/24/18 | | ERISA Eligible : Yes |
First Payment : 02/15/18 | | Pxg Speed : 1.30% ABS to 10% Call |
Expected Ratings : S&P / Fitch | | Min Denoms : $5k x $1k |
Bill & Deliver : RBC | | |
Available Information:
* Preliminary Prospectus, Ratings FWP and Intex CDI (attached)
* Intexnet : RBCCARX1801 Passcode: AKKJ
* Roadshow :www.dealroadshow.com Passcode: CARMX181
CUSIPS
A1 14314A AA7
A2A 14314A AB5
A2B 14314A AH2
A3 14314A AC3
A4 14314A AD1
B 14314A AE9
C 14314A AF6
D 14314A AG4
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 trust, 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 1-866-375-6829.
The information in this free writing prospectus supersedes information contained in any prior similar free writing prospectus relating to these securities prior to the time of your commitment to purchase.