Free Writing Prospectus
Filed Pursuant to Rule 433
Dated September 16, 2015
Registration No. 333-199204-04
Free Writing Prospectus dated September 16, 2015
$425,000,000
California Republic Auto Receivables Trust 2015-3
Issuing Entity
California Republic Funding, LLC Depositor | California Republic Bank Sponsor, Originator and Servicer |
The depositor has prepared a preliminary prospectus supplement dated September 16, 2015, and a prospectus, dated September 16, 2015, which describes the 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 notes.
Ratings
The depositor expects that the notes issued by the issuing entity will receive the indicated ratings from the nationally recognized statistical rating organizations, or “rating agencies,” listed below.
DBRS | Standard & Poor’s | |||
Class A-1 Asset Backed Notes | R-1(high)(sf) | A-1+(sf) | ||
Class A-2 Asset Backed Notes | AAA(sf) | AAA(sf) | ||
Class A-3 Asset Backed Notes | AAA(sf) | AAA(sf) | ||
Class A-4 Asset Backed Notes | AAA(sf) | AAA(sf) | ||
Class B Asset Backed Notes | A(sf) | A(sf) | ||
Class C Asset Backed Notes | BBB(sf) | BBB(sf) |
It is a condition to the issuance of the notes that each class of the notes receive the ratings listed above.
Sole Bookrunner
Credit Suisse
The depositor has filed a registration statement (including a prospectus supplement and a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus supplement and the prospectus in that registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity, and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor, the underwriter or any dealer participating in this offering will arrange to send you the prospectus supplement and the prospectus if you request it by calling toll free 1-800-221-1037.