Filed Pursuant to Rule 433
Registration Nos. 333-257355 and 333-257355-01
*Pricing Details* $750MM Synchrony Card Issuance Trust (SYNIT 2024-A1)
Joint Lead Bookrunners: Wells Fargo Securities (str.), Barclays, and Societe Generale
Co-Managers: BofA Securities, RBC Capital Markets, TD Securities
DE&I Co-Managers: Academy Securities, CastleOak Securities
-Anticipated Capital Structure-
SERIES | CLS | $AMT(MM) | WAL | F/S* | E.FNL | L.FNL | BENCH | SPD | YLD% | CPN% | $PRICE | |
2024-1 | A1 | 750.000 | 2.99 | AAA/AAA | 03/2027 | 03/2030 | I-CRV | +81 | 5.099 | 5.040 | 99.98439 | |
*Minimum expected ratings
-TRANSACTION DETAILS- |
Deal Size: | $750MM |
Exp. Settlement: | 03/18/2024 |
First Pay Date: | 04/15/2024 |
Offering Format: | Publicly Offered / SEC-Registered |
ERISA Eligible: | Yes |
Exp. Ratings: | Fitch / S&P |
Min Denoms: | $10k x $1k |
US RR Compliant: | Yes |
EU RR Compliant: | EU Article 6(3)(a) retention / No Article 7 compliance |
Bloomberg Ticker : | SYNIT 2024-A1 |
B&D: | WFS |
-MARKETING MATERIALS-
* Preliminary Prospectus and Free Writing Prospectus: Attached
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