Free Writing Prospectus | Filed pursuant to Rule 433 |
Dated September 13, 2016 | Registration Nos. 333-206749 |
| and 333-206749-03 |
ABS NEW ISSUE: $752.36MM CNH 2016-C
Joint Leads: Wells Fargo (str), Barclays, CIBC
Co-Managers: Citi, Mizuho Securities, Natixis, Rabo Securities
CLS | SIZE($MM) | WAL(y) | M/S | Win | BENCH | SPD | YLD | CPN | $PRICE |
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A-1 | 156.50 | 0.37 | P-1/A-1+ | 1-8 | YLD |
| 0.750% | 0.750% | 100.00000 |
A-2 | 290.00 | 1.20 | Aaa/AAA | 8-23 | EDSF | +28 | 1.271% | 1.26% | 99.99090 |
A-3 | 213.93 | 2.70 | Aaa/AAA | 23-45 | ISWP | +36 | 1.452% | 1.44% | 99.97987 |
A-4 | 75.00 | 3.88 | Aaa/AAA | 45-47 | ISWP | +58 | 1.768% | 1.76% | 99.99432 |
B | 16.93 | 3.90 | A1/A+ | 47-47 | ISWP | +75 | 1.939% | 1.93% | 99.99547 |
BBG TICKER: CNH 2016-C
REGISTRATION: SEC Registered
EXPECTED PXG: PRICED
EXPECTED RATINGS: Moody’s/S&P
EXPECTED SETTLE: 9/21/16
ERISA ELIGIBLE: Yes
FIRST PAY: 10/17/16
MIN DENOMS: $1K x $1K
BILL & DELIVER: Wells Fargo
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 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 toll-free 1-800-326-5897.
