Free Writing Prospectus
Dated April 12, 2017
Filed Pursuant to Rule 433(d)
Registration No. 333-207329
Registration No. 333-207329-06
$1.0 billion CarMax Auto Owner Trust (CARMX) 2017-2 (Prime Autos)
Jt-Leads | : RBC (str), BofAML, Wells | |
Co-Mgrs | : Barclays, CS, Mizuho, Scotia |
CLS | $AMT(MM) | WAL | S/F | P.WIN | E.FNL | L.FNL | BNCH/ | YLD% | CPN% | $Px | ||||||||||
A-1 | 169.00 | 0.29 | A-1+/F1+ | 1- 7 | 11/17 | 04/18 | YLD% | 1.100 | 1.10 | 100.00000 | ||||||||||
A-2 | 338.00 | 1.17 | AAA/AAA | 7-22 | 02/19 | 06/20 | EDSF +25 | 1.645 | 1.63 | 99.98915 | ||||||||||
A-3 | 337.00 | 2.62 | AAA/AAA | 22-43 | 11/20 | 03/22 | iSwp +30 | 1.943 | 1.93 | 99.98679 | ||||||||||
A-4 | 90.00 | 3.88 | AAA/AAA | 43-49 | 05/21 | 09/22 | iSwp +46 | 2.262 | 2.25 | 99.99478 | ||||||||||
B | 25.00 | 4.07 | AA/AA | 49-49 | 05/21 | 12/22 | iSwp +60 | 2.423 | 2.41 | 99.99670 | ||||||||||
C | 24.00 | 4.07 | A/A | 49-49 | 05/21 | 02/23 | iSwp +80 | 2.623 | 2.60 | 99.96614 | ||||||||||
D | 17.00 | 4.07 | BBB/BBB | 49-49 | 05/21 | 10/23 | iSwp +160 | 3.423 | 3.39 | 99.96646 |
Expected Pricing | : PRICED | Registration | : Public / SEC-Registered | |||
Expected Settle | : 04/19/17 | ERISA Eligible | : Yes | |||
First Payment | : 05/15/17 | Pxg Speed | : 1.30% ABS to 10% Call | |||
Expected Ratings | : S&P/Fitch | BBERG Ticker | : CARMX 2017-2 [mtge] | |||
Bill & Deliver | : RBC | Min Denoms | : $5k x $1k |
CUSIPs: | A-1 14314P AA4 |
A-2 14314P AB2 |
A-3 14314P AC0 |
A-4 14314P AD8 |
B 14314P AE6 |
C 14314P AF3 |
D 14314P AG1 |
Available Information:
* Preliminary Prospectus, Free Writing Prospectus and Intex CDI (attached)
* Intexnet : RBCCARX1702 Passcode: UKB3
* Roadshow :www.dealroadshow.com Passcode: CARMX172
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 Depositor, the issuing trust, and this offering. You may get these documents for free by visiting EDGAR on the SEC Website 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 (866) 375-6829.
The information in this free writing prospectus supersedes information contained in any prior similar free writing prospectus relating to these securities prior to the time of your commitment to purchase.