Free Writing Prospectus | Filed pursuant to Rule 433 |
Dated May 6, 2015 | Registration Nos. 333-196988 |
| and 333-196988-03 |
CNH 2015-B *Full Pxing*
~$999.645mm CNH Equipment Trust (CNH) 2015-B
Jt. Leads: Citi (str), Rabo Securities, Wells Fargo | Cos: BMO, Barclays, BNP |
CLS | | $Amt(mm) | | WAL | | M/S | | L.Final | | BNCH | | Pxing | | YLD% | | Cpn | | Px |
A-1 | | 223.000 | | 0.37 | | P-1/A-1+ | | 06/03/16 | | | | | | 0.380 | | 0.38 | | 100.00000 |
A-2a | | 250.250 | | 1.14 | | Aaa/AAA | | 08/15/18 | | EDSF | | +29 | | 0.847 | | 0.84 | | 99.99375 |
A-2b | | 99.750 | | 1.14 | | Aaa/AAA | | 08/15/18 | | 1ML | | +29 | | | | | | 100.00000 |
A-3 | | 286.000 | | 2.51 | | Aaa/AAA | | 07/15/20 | | Inter | | +29 | | 1.377 | | 1.37 | | 99.99243 |
A-4 | | 118.150 | | 3.80 | | Aaa/AAA | | 04/15/22 | | Inter | | +42 | | 1.898 | | 1.89 | | 99.99802 |
B | | 22.495 | | 3.84 | | A2/A+ | | 10/17/22 | | Inter | | +75 | | 2.241 | | 2.23 | | 99.99775 |
*Settle: | 05/13/15 |
*Format: | Public/SEC Registered |
*First Pay Date: | 06/15/15 |
*ERISA: | Yes |
*Expected Ratings: | Moody’s / S&P |
*Min Denoms: | $1,000 x $1 |
*Ticker: | CNH 2015-B |
*Pxing Speed: | 20% CPR to 10% Call |
*Bill & Deliver: | Citi |
*Timing: | Px’ed today |
*DealRoadshow: | www.dealroadshow.com |
*Passcode: | cnh15b |
*Intexnet Details: | xCNHEQ15B PW: XXVU |
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 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 toll-free 1-800-831-9146.