Free Writing Prospectus
Filed Pursuant to Rule 433
Registration Statement Nos. 333-205883-11
and 333-205883
HONDA AUTO RECEIVABLES 2018-3 OWNER TRUST $1.32bn ($1.05+bn Offered)
Jt-Leads: BofAML(struc), SMBC, Wells Fargo Co-Mgrs: BNY,JPM,Lloyds,RBC
Size | Offered | ||||||||||
CLS | ($mm) | ($mm) | WAL | M/F | EXP | LEGAL | BENCH | SPRD | YLD | CPN | $PRICE |
A-1 | 209.000 | 0.000 | 0.20 | NR/NR | 1/19 | 5/21/19 | |||||
A-2 | 500.000 | 475.000 | 0.87 | Aaa/AAA | 1/20 | 12/21/20 | EDSF | +10 | 2.687 | 2.67 | 99.99827 |
A-3 | 477.000 | 453.150 | 2.12 | Aaa/AAA | 9/21 | 8/22/22 | ISWP | +17 | 2.975 | 2.95 | 99.98628 |
A-4 | 129.791 | 123.301 | 3.21 | Aaa/AAA | 11/21 | 11/21/24 | ISWP | +25 | 3.099 | 3.07 | 99.97207 |
BILL & DELIVER | : | BofAML | BBG TICKER | : | HAROT 18-3 |
EXPECTED RATINGS | : | Moody's/Fitch | REGISTRATION | : | SEC REGISTERED |
EXPECTED SETTLE | : | 08/28/18 | FIRST PAY DATE | : | 09/21/18 |
EXPECTED PRICING | : | Priced | PXG SPEED | : | 1.3% ABS to 10% CALL |
ERISA ELIGIBLE | : | YES | DENOMS | : | $1k/$1k |
INTEXNET | : | basharot_2018-3_upsize XXX6 | |
CUSIPS: | A-2 | : | 43815HAB3 |
A-3 | : | 43815HAC1 | |
A-4 | : | 43815HAD9 |
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 atwww.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 1-800-294-1322 or you may e-mail a request todg.prospectus_request@baml.com. The securities may not be suitable for all investors. Merrill Lynch, Pierce, Fenner & Smith, Incorporated and its affiliates may acquire, hold or sell positions in these securities, or in related derivatives, and may have an investment or commercial banking relationship with the issuer.