Free Writing Prospectus
Filed Pursuant to Rule 433
Dated March 17, 2015
Registration Statement Nos. 333-189385 and
333-189385-05
$1.6BLN FORD CREDIT AUTO OWNER TRUST 2015-A
JOINT LEADS: BNP, HSBC, J.P. MORGAN, LLOYDS
CO-MANAGERS: BMO, CIBC
SELLING GROUPS: MISCHLER, WILLIAMS CAPITAL
CL |
| $SIZE(MM) |
| WAL |
| EXP |
| LGL |
| MDY/FITCH |
| SPREAD |
| YLD |
| CPN |
| $PX |
A1 |
| 359.200 |
| 0.28 |
| 10/15 |
| 04/15/16 |
| P-1/F1+ |
| 0.32% |
| 0.320 |
| 0.32 |
| 100.00000 |
A2A |
| 215.000 |
| 1.05 |
| 11/16 |
| 01/15/18 |
| Aaa/AAA |
| EDSF +25 |
| 0.812 |
| 0.81 |
| 99.99934 |
A2B |
| 331.400 |
| 1.05 |
| 11/16 |
| 01/15/18 |
| Aaa/AAA |
| 1mL +25 |
|
|
|
|
| 100.00000 |
A3 |
| 483.000 |
| 2.27 |
| 04/18 |
| 09/15/19 |
| Aaa/AAA |
| iSWPS+26 |
| 1.287 |
| 1.28 |
| 99.99204 |
A4 |
| 111.780 |
| 3.36 |
| 12/18 |
| 06/15/20 |
| Aaa/AAA |
| iSWPS+28 |
| 1.646 |
| 1.64 |
| 99.99877 |
B |
| 47.380 |
| 3.87 |
| 03/19 |
| 08/15/20 |
| Aa1/AA |
| iSWPS+55 |
| 2.043 |
| 2.03 |
| 99.98384 |
C |
| 31.590 |
| 3.98 |
| 03/19 |
| 11/15/20 |
| A1/A |
| iSWPS+70 |
| 2.220 |
| 2.20 |
| 99.96277 |
D |
| 31.590 |
| 3.98 |
| 03/19 |
| 09/15/21 |
| NOT OFFERED |
|
|
|
|
|
|
|
|
BILL & DELIVER | : |
| J.P. MORGAN |
| BBG TICKER | : |
| FORDO 2015-A |
REGISTRATION | : |
| A1: 144A A2-C: PUBLIC |
| EXPECTED RATINGS | : |
| MOODY’S/FITCH |
EXPECTED SETTLE | : |
| 03/24/15 |
| FIRST PAY DATE | : |
| 04/15/15 |
ERISA ELIGIBLE | : |
| YES |
| EXPECTED PRICING | : |
| PRICED |
DENOMS | : |
| A1:$100K/$1K A2-C:$1K/$1K |
| PXG SPEED | : |
| 1.4% ABS TO CALL |
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, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.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 (866) 669-7629 or by emailing the ABS Syndicate Desk at abs_synd@jpmorgan.com.