Ally Auto Receivables Trust 2012-2 Inactive
Filed: 7 Mar 12, 12:00am
FREE WRITING PROSPECTUS Dated March 7, 2012 | Filed Pursuant to Rule 433 Registration No. 333-163392 Registration No. 333-163392-13 |
ALLY AUTO RECEIVABLES TRUST 2012-2
Issuing Entity
$1,700,440,000 Asset Backed Notes, Class A
ALLY AUTO ASSETS LLC
Depositor
ALLY BANK
Sponsor
ALLY FINANCIAL INC.
Servicer
The depositor has filed with the Securities and Exchange Commission (“SEC”) a preliminary prospectus supplement dated March 7, 2012 and a prospectus dated March 7, 2012, which describe the Class A 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 Class A Notes.
Ratings
We will not issue the notes offered by the prospectus supplement and the prospectus unless:
| • | the Class A Notes, other than the Class A-1 Notes, are rated in the highest rating category for long-term (AAAsf/Aaa (sf)) obligations by Fitch, Inc. (“Fitch”) and Moody’s Investors Service, Inc. (“Moody’s”), and |
| • | the Class A-1 Notes are rated in the highest rating category for short-term (F1+sf/P-1 (sf)) obligations by Fitch and Moody’s. |
Other Fees and Expenses
The following table describes the compensation payable to Fitch and Moody’s for providing an initial rating and five years of surveillance of the notes.
Fitch Fee | $ | 277,264 | ||
Moody’s Fee | $ | 225,000 |
BofA Merrill Lynch | Credit Agricole Securities | RBS |
Goldman, Sachs & Co. | Lloyds Securities | PNC Capital Markets LLC | Scotia Capital | SOCIETE GENERALE |
STATEMENT REGARDING THIS FREE WRITING PROSPECTUS
The depositor 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 depositor has filed with the SEC for more complete information about the issuer, the depositor 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 the offering will arrange to send you the prospectus if you request it by calling 1-800-294-1322.