Free Writing Prospectus
Filed Pursuant to Rule 433
Dated June 16, 2020
Registration Statement Nos. 333-225949 and
333-225949-06
*Full Pricing* US$2,105.65 million Ford Prime Auto Loan (FORDO 2020-B)
Active Joint Lead Managers: Citi (str.), Lloyds, and SMBC
Passive Joint Lead Managers: Mizuho and Wells Fargo
Co-Managers: UniCredit and Banco Bradesco
Selling Group: Academy Securities, CastleOak Securities, and Siebert Williams Shank
CLS | AMT($MM) | WAL | F/S | WNDW | L.FINL | BENCH | SPRD | YLD | CPN | $PX |
A-1 | $411.540 | 0.26 | F1+/A-1+ | 1-6 | 7/15/2021 | iLIB+ | -5 | 0.26275 | 0.26275 | 100.00000 |
A-2 | $685.900 | 0.99 | AAA/AAA | 6-18 | 2/15/2023 | EDSF+ | 20 | 0.505 | 0.50 | 99.995600 |
A-3 | $686.130 | 2.19 | AAA/AAA | 18-36 | 10/15/2024 | iSwp+ | 30 | 0.567 | 0.56 | 99.986210 |
A-4 | $216.800 | 3.35 | AAA/AAA | 36-43 | 11/15/2025 | iSwp+ | 50 | 0.792 | 0.79 | 99.997700 |
B | $ 63.160 | 3.57 | AA/AA+ | 43-43 | 1/15/2026 | iSwp+ | 90 | 1.202 | 1.19 | 99.968550 |
C | $ 42.120 | 3.57 | A/AA | 43-43 | 12/15/2026 | iSwp+ | 175 | 2.052 | 2.04 | 99.988720 |
Settle | : | 6/19/20 | Registration | : | SEC Registered |
First Pay Date | : | 7/15/20 | ERISA Eligible | : | Yes |
Expected Ratings | : | Fitch, S&P | Min Denoms | : | $1k x $1k |
Ticker | : | FORDO 2020-B | Pxing Speed | : | 1.3 ABS to 10% Call |
Bill & Deliver | : | Citi |
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Available Information: |
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* Documents | : | Preliminary Prospectus, Ratings FWP |
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* Intex Deal Name | : | XFAOT20B Password: V4Y6 |
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CUSIPS/ISIN | : |
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A-1 | : | 34533G AA7 / US34533GAA76 |
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A-2 | : | 34533G AB5 / US34533GAB59 |
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A-3 | : | 34533G AD1 / US34533GAD16 |
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A-4 | : | 34533G AE9 / US34533GAE98 |
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B | : | 34533G AF6 / US34533GAF63 |
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C | : | 34533G AG4 / US34533GAG47 |
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