Free Writing Prospectus
Filed Pursuant to Rule 433
Dated July 19, 2011
Registration Statement Nos. 333-167489 and
333-167489-03
Filed Pursuant to Rule 433
Dated July 19, 2011
Registration Statement Nos. 333-167489 and
333-167489-03
$1,395,480,000 Ford Credit Auto Owner Trust 2011-B (FORDO 2011-B)
JOINT LEADS: | Citi, CA, CS, RBC | |
CO-MANAGERS: | HSBC, PNC, Wells, Loop |
Cls | $Size-mm | WAL | S/F | E.FIN | L.FIN | BNCH | Spd | Yld | PX | Cpn | ||||||||||
A1 | 303.70 | 0.28 | A-1+/F1+ | 2/12 | 8/12 | IntL | -5 | 0.21892 | 100.00 | 0.21892 | ||||||||||
A2 | 347.80 | 0.99 | AAA/AAA | 12/12 | 1/14 | EDSF | +21 | .687 | 99.99407 | 0.68 | ||||||||||
A3 | 391.80 | 1.98 | AAA/AAA | 3/14 | 6/15 | EDSF | +19 | .850 | 99.98332 | 0.84 | ||||||||||
A4 | 256.42 | 3.22 | AAA/AAA | 7/15 | 12/16 | ISwaps | +30 | 1.357 | 99.98999 | 1.35 | ||||||||||
B | 41.04 | 4.16 | AA+/AA | 10/15 | 1/17 | ISwaps | +85 | 2.281 | 99.99911 | 2.27 | ||||||||||
C | 27.36 | 4.22 | A+/A | 10/15 | 5/17 | ISwaps | +110 | 2.555 | 99.99404 | 2.54 | ||||||||||
D | 27.36 | 4.22 | BBB+/BBB | 10/15 | 1/18 | ISwaps | +170 | 3.155 | 99.98247 | 3.13 |
AVAILABLE: | Red, FWP, Intex CDI | |
TRADE: | 7/19 | |
EXPECTED SETTLEMENT | 7/26 (T+5) | |
FIRST PAYMENT DATE: | August 15th, 2011 | |
PRICING SPEED: | 1.30% ABS @ 5% Clean-up Call | |
OFFERING TYPE: | Public other than A1 (144a) | |
BBERG TICKER: | FORDO 2011-B | |
ERISA ELIGIBLE: | Yes | |
Bill & Deliver: | Citi |
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 Website atwww.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 1-877-858-5407. Any legends, disclaimers or notices that appear below are not applicable to this message and should be disregarded. Such text has been automatically generated via bloomberg or another system.