Free Writing Prospectus
Dated April 13, 2021
Filed Pursuant to Rule 433(d)
Registration No. 333-228379
Registration No. 333-228379-10
$1.555BLN CarMax Auto Owner Trust (CARMX) 2021-2
JT-Leads: BofA (struc), Mizuho, TD, Wells Fargo
Co-Mgrs: CIBC, MUFG, Scotia, SMBC
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CLS | | Size
($mm) | | | WAL | | | S&P/F | | PWIN | | | E.FINAL | | | L.FINAL | | | BNCH | | SPD | | | YLD | | | CPN | | | $PRICE | |
| A-1 | | | 343.000 | | | | 0.30 | | | A-1+/F1+ | | | 1-7 | | | | 11/21 | | | | 4/15/22 | | | ILIB | | | -5 | | | | | | | | 0.14090 | | | | 100.00000 | |
| A-2a | | | 463.060 | | | | 1.14 | | | AAA/AAA | | | 7-22 | | | | 2/23 | | | | 6/17/24 | | | EDSF | | | +7 | | | | 0.276 | | | | 0.27 | | | | 99.99334 | |
| A-2b | | | 50.000 | | | | 1.14 | | | AAA/AAA | | | 7-22 | | | | 2/23 | | | | 6/17/24 | | | 1ML | | | +7 | | | | | | | | | | | | 100.00000 | |
| A-3 | | | 468.060 | | | | 2.58 | | | AAA/AAA | | | 22-42 | | | | 10/24 | | | | 2/17/26 | | | ISWP | | | +14 | | | | 0.529 | | | | 0.52 | | | | 99.97845 | |
| A-4 | | | 126.430 | | | | 3.77 | | | AAA/AAA | | | 42-47 | | | | 3/25 | | | | 12/15/26 | | | ISWP | | | +15 | | | | 0.813 | | | | 0.81 | | | | 99.99397 | |
| B | | | 43.650 | | | | 3.90 | | | AA/AA | | | 47-47 | | | | 3/25 | | | | 12/15/26 | | | ISWP | | | +34 | | | | 1.035 | | | | 1.03 | | | | 99.98940 | |
| C | | | 38.980 | | | | 3.90 | | | A/A | | | 47-47 | | | | 3/25 | | | | 2/16/27 | | | ISWP | | | +65 | | | | 1.345 | | | | 1.34 | | | | 99.99528 | |
| D | | | 21.820 | | | | 3.90 | | | BBB/BBB | | | 47-47 | | | | 3/25 | | | | 10/15/27 | | | ISWP | | | +87 | | | | 1.565 | | | | 1.55 | | | | 99.96250 | |
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| BILL & DELIVER | | : BofA | | BBG TICKER | | : CARMX 2021-2 | | |
| EXPECTED RATINGS | | : S&P/Fitch | | REGISTRATION | | : SEC Registered | | |
| EXPECTED SETTLE | | : 4/21/21 | | FIRST PAY DATE | | : 5/17/21 | | |
| EXPECTED PRICING | | : PRICED 4/13/21 | | PXG SPEED | | : 1.3% ABS to 10% CALL | | |
| ERISA ELIGIBLE | | : Yes | | DENOMS | | : $5k x $1k | | |
| CUSIPS | | A-1 14314QAA2 | | INTEX | | : bascarmx2021-2_upsize VUYX | | |
| | A-2a 14314QAB0 | | www.dealroadshow.com | | CARMX20212 | | |
| | A-2b 14314QAH7 | | | | | | |
| | A-3 14314QAC8 | | | | | | |
| | A-4 14314QAD6 | | | | | | |
| | B 14314QAE4 | | | | | | |
| | C 14314QAF1 | | | | | | |
| | D 14314QAG9 | | | | | | |
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 toll-free 1-800-294-1322 or you may e-mail a request to prospectus_request@bofa.com. The securities may not be suitable for all investors. BofA Securities, Inc. and its affiliates may acquire, hold or sell positions in these securities, or in related derivatives, and may have an investment or commercial banking relationship with the issuer.
