Capital Auto Receivables Asset Trust 2014-3 Inactive
Filed: 21 Aug 14, 12:00am
FREE WRITING PROSPECTUS Dated August 21, 2014 | Filed Pursuant to Rule 433 Registration No. 333-171684 Registration No. 333-171684-07 |
CAPITAL AUTO RECEIVABLES ASSET TRUST 2014-3
Issuing Entity
$643,400,000 Asset Backed Notes, Class A
$38,200,000 Asset Backed Notes, Class B
$36,190,000 Asset Backed Notes, Class C
$32,170,000 Asset Backed Notes, Class D
CAPITAL AUTO RECEIVABLES LLC
Depositor
ALLY FINANCIAL INC.
Sponsor and Servicer
The depositor has filed with the Securities and Exchange Commission (“SEC”) a preliminary prospectus supplement dated August 21, 2014 and a prospectus dated August 21, 2014, which describe the Class A Notes, the Class B Notes, the Class C Notes and the Class D 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, the Class B Notes, the Class C Notes or the Class D Notes.
Ratings
We will not issue the notes offered by the prospectus supplement and the prospectus unless:
| • | the Class A Notes are rated in the highest rating category for long-term (Aaa (sf)/AAAsf) obligations by Moody’s Investors Service, Inc. (“Moody’s”) and Fitch Ratings, Inc. (“Fitch”), |
| • | the Class B Notes are rated at least in the second highest rating category for long-term (Aa (sf)/AAsf) obligations by Moody’s and Fitch, |
| • | the Class C Notes are rated at least in the third highest rating category for long-term (A (sf)/Asf) obligations by Moody’s and Fitch, and |
| • | the Class D Notes are rated at least in the fourth highest rating category for long-term (Baa (sf)/BBBsf) obligations by Moody’s and Fitch. |
| Citigroup | Credit Agricole Securities | J.P. Morgan |
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 1-800-831-9146.