Free Writing Prospectus
Filed Pursuant to Rule 433
Dated August 2, 2010
Registration Statement Nos. 333-157418 and 333-157418-04
Free Writing Prospectus dated August 2, 2010
CNH Equipment Trust 2010-B
Issuing Entity
CNH Capital Receivables LLC
Depositor
CNH Capital America LLC |
| New Holland Credit Company, LLC |
The depositor has prepared a preliminary prospectus supplement dated August 2, 2010 and prospectus dated August 2, 2010 which describes the notes to be issued by the issuing entity. You should review the prospectus supplement and the prospectus in their entirety before deciding to purchase any of the notes.
Ratings
The depositor expects that the notes issued by the issuing entity will receive the indicated ratings from the nationally recognized statistical rating organizations, or “rating agencies,” listed below.
|
| Standard & Poor’s |
| Moody’s |
| Fitch |
|
Class A-1 |
| A-1+ |
| P-1 |
| F1+ |
|
Class A-2 |
| AAA |
| Aaa |
| AAA |
|
Class A-3 |
| AAA |
| Aaa |
| AAA |
|
Class A-4 |
| AAA |
| Aaa |
| AAA |
|
Class B |
| A |
| A2 |
| A |
|
It is a condition to the issuance of the notes that each class of the Class A notes receive the ratings listed above. However, although the depositor expects the Class B notes to receive the ratings listed above, it is only a condition of issuance of the notes that the Class B notes receive a rating in the “A” category from each of Standard & Poor’s, Moody’s and Fitch.
Joint Bookrunners of the Class A Notes
Barclays Capital |
| BNP PARIBAS |
| Co-Managers of the Class A Notes |
|
Citi |
|
|
| Credit Agricole Securities |
|
| Rabo Securities USA, Inc. |
|
|
| SOCIETE GENERALE |
Joint Bookrunners of the Class B Notes
Barclays Capital |
| BNP PARIBAS |
THE DEPOSITOR HAS FILED A REGISTRATION STATEMENT (INCLUDING A PROSPECTUS SUPPLEMENT AND A PROSPECTUS) WITH THE SEC FOR THE OFFERING TO WHICH THIS COMMUNICATION RELATES. BEFORE YOU INVEST, YOU SHOULD READ THE PROSPECTUS SUPPLEMENT AND 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 ENTITY, AND THIS OFFERING. YOU MAY GET THESE DOCUMENTS FOR FREE BY VISITING EDGAR ON THE SEC WEB SITE AT WWW.SEC.GOV. ALTERNATIVELY, THE DEPOSITOR, ANY UNDERWRITER OR ANY DEALER PARTICIPATING IN THIS OFFERING WILL ARRANGE TO SEND YOU THE PROSPECTUS SUPPLEMENT AND THE PROSPECTUS IF YOU REQUEST IT BY CALLING TOLL-FREE 1-888-603-5847.
