Free Writing Prospectus
Filed Pursuant to Rule 433
Dated May 15, 2018
Registration Statement Nos. 333-205966 and
333-205966-08
$1.578+ billion Ford Credit Auto Owner Trust (FORDO) 2018-A
Joint-Leads (active) : RBC (str), DB, Mizuho
(passive): Barclays, SocGen
Co-Managers : Commerz, Bradesco
Selling Group: CastleOak, Mischler
CLS | $AMT(MM) | WAL | S/F | P.WIN | E.FNL | L.FNL | BENCH | SPRD | YLD% | CPN% | $Px |
A-1 | 279.15 | 0.23 | A-1+/F1+ | 1-6 | 11/18 | 05/19 | iLIB | +9 | 2.35568 |
| 100.00000 |
A-2a | 318.28 | 0.92 | AAA/AAA | 6-18 | 11/19 | 02/21 | EDSF | +10 | 2.609 | 2.59 | 99.99557 |
A-2b | 225.00 | 0.92 | AAA/AAA | 6-18 | 11/19 | 02/21 | 1mL | +10 |
|
| 100.00000 |
A-3 | 547.31 | 2.18 | AAA/AAA | 18-37 | 06/21 | 11/22 | iSwp | +25 | 3.057 | 3.03 | 99.98383 |
A-4 | 130.17 | 3.34 | AAA/AAA | 37-42 | 11/21 | 10/23 | iSwp | +27 | 3.189 | 3.16 | 99.97468 |
B | 47.36 | 3.48 | AA+/AA+ | 42-42 | 11/21 | 11/23 |
|
| <RETAINED> |
|
|
C | 31.58 | 3.48 | AA/A+ | 42-42 | 11/21 | 11/24 |
|
| <RETAINED> |
|
|
Expected Pricing | : | *PRICED* | Registration | : | Public / SEC Registered | ||
Expected Settle | : | 05/22/18 | ERISA Eligible | : | Yes | ||
First Payment | : | 06/15/18 | Pxg Speed | : | 1.40% ABS to 10% Cleanup Call | ||
Expected Ratings | : | S&P/Fitch | Min Denoms | : | $1k x $1k | ||
Bill & Deliver | : | RBC | Ticker | : | FORDO 2018-A | ||
|
|
|
|
|
| ||
CLS |
| CUSIPS |
|
|
| ||
|
|
|
|
|
| ||
A-1 |
| 34528F AA6 |
|
|
|
| |
|
|
|
|
|
|
| |
A-2a |
| 34528F AB4 |
|
|
|
| |
|
|
|
|
|
|
| |
A-2b |
| 34528F AC2 |
|
|
|
| |
|
|
|
|
|
|
| |
A-3 |
| 34528F AD0 |
|
|
|
| |
|
|
|
|
|
|
| |
A-4 |
| 34528F AE8 |
|
|
|
| |
|
|
|
|
|
|
| |
B |
| 34528F AF5 |
|
|
|
| |
|
|
|
|
|
|
| |
C |
| 34528F AG3 |
|
|
|
| |
|
|
|
|
|
| ||
|
|
|
|
|
| ||
Available Information | : |
|
|
|
| ||
* Preliminary Prospectus Supplement, FWP and Intex CDI (attached) |
|
| |||||
* Intexnet | : | RBCFAOT18A | Passcode: 94BV |
|
| ||
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 1 866 375-6829.
