Free Writing Prospectus
Dated July 24, 2019
Filed Pursuant to Rule 433(d)
RegistrationNo. 333-228379
RegistrationNo. 333-228379-03
$1.50Bn CarMax Auto Owner Trust (CARMX)2019-3 *Pricing Details*
Joint Leads: MUFG (str), BofAML, RBC and Wells Fargo
Co-Managers: CS, Mizuho, Scotia, TD
Cls | Size ($mm) | WAL | Ratings (S/F) | WIN | L.FNL | BENCH | SPRD | Yld% | CPN% | $Price | ||||||||||
A-1 | 291.000 | 0.28 | A-1+/F1+ | 1-7 | 8/20 | IntL | +0 | 2.25661 | 2.25661 | 100.00000 | ||||||||||
A-2A | 443.000 | 1.22 | AAA/AAA | 7-24 | 12/22 | EDSF | +25 | 2.224 | 2.21 | 99.99551 | ||||||||||
A-2B | 85.000 | 1.22 | AAA/AAA | 7-24 | 12/22 | 1mL | +25 | 1mL+25 |
| 100.00000 | ||||||||||
A-3 | 486.100 | 2.76 | AAA/AAA | 24-44 | 8/24 | IntS | +40 | 2.195 | 2.18 | 99.98657 | ||||||||||
A-4 | 97.900 | 3.96 | AAA/AAA | 44-49 | 4/25 | IntS | +55 | 2.321 | 2.30 | 99.96277 | ||||||||||
B | 40.600 | 4.04 | AA/AA | 49-49 | 4/25 | IntS | +75 | 2.522 | 2.50 | 99.96607 | ||||||||||
C | 32.340 | 4.04 | A/A | 49-49 | 6/25 | IntS | +85 | 2.622 | 2.60 | 99.97020 | ||||||||||
D | 24.060 | 4.04 | BBB/BBB | 49-49 | 1/26 | IntS | +110 | 2.872 | 2.85 | 99.98114 |
- TRANSACTION DETAILS -
Format: SEC Registered | Min Denoms: $5k x $1k | |||||||
Pricing Speed: 1.3% ABS to 10% Call | US RR Compliant: Yes | |||||||
Ratings: S&P, Fitch | EU RR Complaint: No | |||||||
Ticker: CARMX 2019-3 | Exp Pricing: PRICED | |||||||
ERISA Eligible: Yes | Exp Settle: 7/30/2019 | |||||||
B&D: MUFG | First Payment: 8/15/2019 |
- Attachments/Materials -
Prelim Prosup, FWP and CDI File (Attached)
Intex Deal Name: mitcarx1903_preprice Passcode: BU96
Roadshow:www.dealroadshow.com Code (Case Sensitive): CARMX193
Direct Link:www.dealroadshow.com/e/CARMX193
- CUSIPs -
A1 14315PAA3
A2A 14315PAB1
A2B 14315PAC9
A3 14315PAD7
A4 14315PAE5
B 14315PAF2
C 14315PAG0
D 14315PAH8
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®) 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-free1-877-649-6848.