Free Writing Prospectus
Filing Pursuant to Rule 433
Filed on September 22, 2020
Registration Statement No. 333-229068-06
**Full Pxing Details** $1.6+BN GMF Automobile Leasing Trust (GMALT 2020-3)
Joint Leads: Wells Fargo (str), BofA, BMO, Goldman Sachs
Co-Managers : CIBC, Lloyds, Mufg, Scotia, Soc Gen
Selling Group: Williams
(Min Rtgs) | |||||||||||||||||||||||||||||||||||||||||||||
CL | AMT (MM) | WAL^ | S&P/Mdys | L.FIN | BENCH | SPREAD | CPN% | YLD% | $PRICE | ||||||||||||||||||||||||||||||||||||
A1 | $ | 205.000 | 0.24 | A-1+/P-1 | 10/21 | IntL | -4 | .17814% | .17814% | $ | 100.00000 | ||||||||||||||||||||||||||||||||||
A2A | $ | 497.130 | 0.96 | AAA/Aaa | 11/22 | EDSF | +13 | .35% | .357% | $ | 99.99353 | ||||||||||||||||||||||||||||||||||
A2B | $ | 50.000 | 0.96 | AAA/Aaa | 11/22 | 1mL | +13 | 1mL +13 | $ | 100.00000 | |||||||||||||||||||||||||||||||||||
A3 | $ | 517.200 | 1.73 | AAA/Aaa | 08/23 | EDSF | +24 | .45% | .456% | $ | 99.99042 | ||||||||||||||||||||||||||||||||||
A4 | $ | 140.260 | 2.19 | AAA/Aaa | 10/24 | ISWPS | +30 | .51% | .517% | $ | 99.98600 | ||||||||||||||||||||||||||||||||||
B | $ | 76.080 | 2.38 | AA/Aa2 | 10/24 | ISWPS | +55 | .76% | .769% | $ | 99.98170 | ||||||||||||||||||||||||||||||||||
C | $ | 70.830 | 2.52 | A/A2 | 10/24 | ISWPS | +90 | 1.11% | 1.120% | $ | 99.98165 | ||||||||||||||||||||||||||||||||||
D | $ | 43.720 | 2.63 | BBB/Baa2 | 02/25 | ISWPS | +150 | 1.71% | 1.721% | $ | 99.98751 |
^ WAL is to 100% PPC to Maturity
-Transaction Summary-
* Size: | $1.6+BN | |
* Format: | SEC Registered | |
* Ratings: | S&P / Moodys | |
* Ticker: | GMALT 2020-3 | |
* Bill & Deliver: | Wells Fargo | |
* Erisa Eligible: | Yes | |
* Min Denoms: | $1k / $1k | |
* Expected Settle: | 09/29/2020 | |
* First Pay Date: | 10/20/2020 | |
* Expected Pricing: | PRICED | |
-Available Information- | ||
* Preliminary Prospectus | ||
* Ratings FWP | ||
* CDI | ||
* Intexnet Dealname: wsgmalt202003 Password: X76Y | ||
* URL: https://dealroadshow.com Passcode: GMALT2020-3 (case-sensitive) | ||
* Direct Link: https://dealroadshow.com/e/GMALT2020-3 |
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 THAT 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) AT http://WWW.SEC.GOV. ALTERNATIVELY, YOU MAY OBTAIN A COPY OF THE PROSPECTUS BY CALLING 1-800-326-5897.