Free Writing Prospectus
Dated April 18, 2018
Filed Pursuant to Rule 433(d)
Registration No. 333-207329
Registration No. 333-207329-10
$1.325bln CarMax Auto Owner Trust (CARMX) 2018-2 **Full Pricing Details**
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Joint-Leads | | : Wells Fargo (struc), BAML, CS |
Co-Managers | | : Mizuho, MUFG, SMBC, TD |
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CLS | | PRIN($MM) | | OFF($MM) | | WAL | | Fitch/S&P | | L.FIN | | Bench | | Sprd | | Yld% | | Cpn% | | $Price |
A1 | | 276.000 | | 275.688 | | 0.31 | | F1+/A-1+ | | 5/15/19 | | Yld% | | n/a | | 2.30% | | 2.30% | | 100.00000 |
A2 | | 472.790 | | 472.257 | | 1.25 | | AAA/AAA | | 8/16/21 | | EDSF | | +19 | | 2.750% | | 2.73% | | 99.99471 |
A3 | | 364.380 | | 363.969 | | 2.64 | | AAA/AAA | | 1/17/23 | | iSwps | | +24 | | 3.006% | | 2.98% | | 99.98143 |
A4 | | 108.530 | | 108.407 | | 3.73 | | AAA/AAA | | 7/17/23 | | iSwps | | +36 | | 3.181% | | 3.16% | | 99.99965 |
B | | 34.750 | | 34.710 | | 3.97 | | AA/AA | | 10/16/23 | | iSwps | | +57 | | 3.399% | | 3.37% | | 99.98086 |
C | | 34.750 | | 34.710 | | 3.97 | | A/A | | 12/15/23 | | iSwps | | +77 | | 3.599% | | 3.57% | | 99.99156 |
D | | 33.800 | | 33.761 | | 3.97 | | BBB/BBB | | 4/15/25 | | iSwps | | +120 | | 4.029% | | 3.99% | | 99.97961 |
^ WAL to 10% call, 1.3% ABS
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Expected Pricing | | : Priced | | Registration | | : SEC Registered |
Expected Settle | | : 04/25/18 | | ERISA Eligible | | : Yes |
First Payment | | : 05/15/18 | | Pxg Speed | | : 1.30% ABS to 10% Call |
Expected Ratings | | : S&P / Fitch | | Min Denoms | | : $5k x $1k |
Bill & Deliver | | : Wells Fargo | | | | |
-Available Information-
* Preliminary Prospectus, Ratings FWP, CDI file (attached)
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* Intex Deal Name | | : wscarmax201802 | | Passcode | | : VY49 |
* Investor Presentation | | : www.dealroadshow.com | | Password | | : CARMX182 |
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