Filed pursuant to Rule 433
Registration Nos. 333-157418
and 333-157418-04
Free Writing Prospectus
Dated August 4, 2010
**PXING DETS** $753.451mm CNH Equipment Trust (CNH) 2010-B
Bookrunners: | BARC, BNP |
| SEC Registered |
Co-Managers: | Citi, CRAG, Rabo, SocGen |
|
|
CLS |
| $AMT(mm) |
| S&P/MDY/F |
| WAL |
| L.FINAL |
| BENCH+SPRD |
| CPN |
| YLD |
| $PRICE |
|
A1 |
| 169.000 |
| A-1+/P-1/F1+ |
| 0.43 |
| 09/02/11 |
| IntL+0 |
| 0.57547 |
| 0.57547 |
| 100-00 |
|
A2 |
| 142.000 |
| AAA/Aaa/AAA |
| 0.99 |
| 01/15/13 |
| EDSF+20 |
| 0.67 |
| 0.678 |
| 9.99309 |
|
A3 |
| 268.000 |
| AAA/Aaa/AAA |
| 2.15 |
| 11/17/14 |
| IntS+25 |
| 1.03 |
| 1.042 |
| 99.97940 |
|
A4 |
| 146.950 |
| AAA/Aaa/AAA |
| 3.66 |
| 01/17/17 |
| IntS+45 |
| 1.74 |
| 1.753 |
| 99.97658 |
|
B |
| 27.501 |
| A/A2/A |
| 4.01 |
| 02/15/17 |
| IntS+172 |
| 3.12 |
| 3.148 |
| 99.97155 |
|
· EXPECTED SETTLE | : 08/12/10 |
| · 95% AG Collateral |
· FIRST PAYMENT DATE | : 09/15/10 |
| · Px Speed: 15% CPR, 10% Call |
· BILL & DELIVER | : Barclays |
| · Expected Ratings: S&P/M/F |
· ERISA ELIGIBLE | : Yes |
|
|
· TIMING | : PRICED |
|
|
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.
