Free Writing Prospectus
Filed Pursuant to Rule 433
Dated April 17, 2018
Registration Statement Nos. 333-208514 and 333-208514-06
$1.1+BN Ford Credit Auto Lease Trust 2018-A
Active Bookrunners: Barclays (str), BNPP, Credit Suisse Passive Bookrunners: HSBC, Lloyds
Co-Managers: Banco de Brasil, BNY Mellon
Selling Group: Academy, Loop, Drexel Hamilton
CLS |
| $AMT(mm) |
| WAL |
| S&P/MDY |
| WIN |
| L.FNL |
| BENCH |
| SPREAD |
| YLD% |
| CPN |
| PRICE |
A-1 |
| 191.000 |
| 0.34 |
| A-1+/P-1 |
| 1-8 |
| 05/19 |
| Yld |
| 2.30% |
| 2.300% |
| 2.30% |
| 100.00000 |
A-2A |
| 350.000 |
| 1.15 |
| AAA/Aaa |
| 8-20 |
| 12/20 |
| EDSF+ |
| 22 |
| 2.732% |
| 2.71% |
| 99.99260 |
A-2B |
| 100.000 |
| 1.15 |
| AAA/Aaa |
| 8-20 |
| 12/20 |
| 1mL+ |
| 22 |
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| L+22 |
| 100.00000 |
A-3 |
| 280.000 |
| 1.91 |
| AAA/Aaa |
| 20-26 |
| 06/21 |
| EDSF+ |
| 28 |
| 2.950% |
| 2.93% |
| 99.99629 |
A-4 |
| 79.000 |
| 2.25 |
| AAA/Aaa |
| 26-28 |
| 08/21 |
| IntS+ |
| 36 |
| 3.071% |
| 3.05% |
| 99.99674 |
B |
| 56.190 |
| 2.37 |
| AA/Aa1 |
| 28-29 |
| 09/21 |
| IntS+ |
| 48 |
| 3.201% |
| 3.17% |
| 99.97763 |
C |
| 52.430 |
| 2.49 |
| *Not offered* |
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BBERG TICKER: | FORDL 18-A | OFFERING TYPE: | SEC-Registered |
EXPECTED PXG: | PRICED | EXPECTED RTGS: | S&P/Moody’s |
EXPECTED SETTLE: | 04/24/18 | PRICING SPEED: | 100% PPC to Maturity |
BILL & DELIVER: | Barclays | ERISA ELIGIBLE: | YES |
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Available Materials: |
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* Preliminary Prospectus & Ratings FWP |
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* DealRoadshow: www.dealroadshow.com | Passcode FORDL18A |
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* Intex CDI File (attached) | Passcode Y7JB |
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THE ISSUER HAS FILED A REGISTRATION STATEMENT (INCLUDING A PROSPECTUS) WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION (SEC) FOR THIS OFFERING. BEFORE YOU INVEST, YOU SHOULD READ THE PROSPECTUS FOR THIS OFFERING 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 SEARCHING THE SEC ONLINE DATABASE (EDGAR®) AT WWW.SEC.GOV. ALTERNATIVELY, YOU MAY OBTAIN A COPY OF THE PROSPECTUS FROM BARCLAYS CAPITAL INC. BY CALLING 1-888-603-5847.
