Free Writing Prospectus
Filing Pursuant to Rule 433
Filed on July 11, 2018
Registration StatementNo. 333-220233-03
$1.235bln GM Financial Consumer Auto Receivables Trust2018-3
| | |
| | (GMCAR)2018-3 |
Joint Leads: | | J.P. Morgan (struc), Lloyds, Mizuho, RBC |
Co-Managers: | | BNP, Morgan Stanley, MUFG, SMBC, TD |
Selling Group: | | Loop Capital |
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Class | | S&P/F | | AMT ($MM) | | | WAL | | | E.FIN | | L.FIN | | PRICED | | | YLD% | | | CPN% | | | $PX | |
A-1 | | A-1+/F1+ | | | 247.000 | | | | 0.24 | | | 01/19 | | 07/19 | | | IntL+5 | | | | 2.36731 | | | | 2.36731 | | | | 100.00000 | |
A-2-A | | AAA/AAA | | | 285.000 | | | | 1.06 | | | 03/20 | | 07/21 | | | EDSF+11 | | | | 2.759 | | | | 2.74 | | | | 99.99660 | |
A-2-B | | AAA/AAA | | | 135.000 | | | | 1.06 | | | 03/20 | | 07/21 | | | 1ML +11 | | | | | | | | | | | | 100.00000 | |
A-3 | | AAA/AAA | | | 439.000 | | | | 2.48 | | | 01/22 | | 05/23 | | | IntS+21 | | | | 3.049 | | | | 3.02 | | | | 99.97668 | |
A-4 | | AAA/AAA | | | 89.550 | | | | 3.68 | | | 04/22 | | 01/24 | | | IntS+31 | | | | 3.188 | | | | 3.16 | | | | 99.97562 | |
B | | AA/AA | | | 20.320 | | | | 3.74 | | | 04/22 | | 01/24 | | | IntS+42 | | | | 3.299 | | | | 3.27 | | | | 99.97696 | |
C | | A/A | | | 19.050 | | | | 3.74 | | | 04/22 | | 02/24 | | | IntS+60 | | | | 3.479 | | | | 3.45 | | | | 99.98582 | |
D | | BBB/BBB | | | 15.870 | | | | 3.74 | | | **RETAINED** | | | | | | | | | | | | | | | | |
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Ticker: | | GMCAR2018-3 | | Registration: | | SEC Registered |
Rating Agencies: | | S&P, Fitch | | ERISA Eligible: | | Yes |
Pxg Speed: | | 1.30% ABS, 10% Call | | Expected Pxg: | | Priced |
Min Denoms: | | $1K x $1K | | Expected Settle | | 07/18/18 |
Bill & Deliver: | | J.P. Morgan | | First Pay: | | 08/16/18 |
ABS-15G Filling: | | 06/28/18 | | | | |
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CUSIPs: | | A-1 | | – | | 36255JAA2 |
| | A-2-A | | – | | 36255JAB0 |
| | A-2-B | | – | | 36255JAC8 |
| | A-3 | | – | | 36255JAD6 |
| | A-4 | | – | | 36255JAE4 |
| | B | | – | | 36255JAF1 |
| | C | | – | | 36255JAG9 |
Materials–
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* Preliminary Prospectus | | (attached) |
* Ratings FWP | | (attached) |
* DealRoadshow.com: | | GMCAR183 |
* IntexNet/CDI | | (via separate message) |
The issuer has filed a registration statement (including a prospectus) with the SEC for the new offering to which this free writing prospectus 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 calling1-800-408-1016 or by emailing the ABS Syndicate Desk at abs_synd@jpmorgan.com.