Ally Auto Receivables Trust 2014-1 Inactive
Filed: 10 Jun 14, 12:00am
FREE WRITING PROSPECTUS Dated June 10, 2014 | Filed Pursuant to Rule 433 Registration No. 333-186227 Registration No. 333-186227-02 |
ALLY AUTO RECEIVABLES TRUST 2014-1
Issuing Entity
$1,395,440,000 Asset Backed Notes, Class A-2, Class A-3 and Class A-4
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 June 10, 2014 and a prospectus dated June 6, 2014, which describe the Class A-2, Class A-3 and Class A-4 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-2, Class A-3 or Class A-4 Notes.
Ratings
We will not issue the notes offered by the prospectus supplement and the prospectus unless the Class A-2, Class A-3 and Class A-4 Notes, are rated in the highest rating category for long-term (Aaa (sf)/AAA (sf)) obligations by Moody’s Investors Service, Inc. (“Moody’s”) and Standard & Poor’s Ratings Services (“Standard & Poor’s”).
Other Fees and Expenses
The following table describes the compensation payable to Standard & Poor’s and Moody’s for providing an initial rating and five years of surveillance of the notes.
Standard & Poor’s Fee | $ | 291,206 | ||
Moody’s Fee | $ | 230,000 | ||
| Barclays | BofA Merrill Lynch | Credit Suisse |
| BMO Capital Markets | Lloyds Securities | Natixis | PNC Capital Markets LLC | Scotiabank |
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 1-800-221-1037.