Free Writing Prospectus
Filed Pursuant to Rule 433
Dated April 21, 2022
Registration Statement Nos. 333-231819 and 333-231819-08
Active Joint-Leads : Barclays (str), Mizuho Securities, Wells Fargo Securities
Joint-Leads : Deutsche Bank Securities, Lloyds Securities
Co-Managers : Drexel Hamilton, R. Seelaus & Co., Santander Investment Securities, UniCredit Capital Markets
- Anticipated Capital Structure -
Cls | Amt($mm) | WAL** | M/S*** | Spread | Yield | Coupon | $Price |
A1 | 186.00 | 0.25 | P-1/A-1+ | I-CRV + 55 | 1.374% | 1.374% | 100.00000 |
A2A | 409.00 | 1.07 | Aaa/AAA | I-CRV + 75 | 2.798% | 2.78% | 99.99814 |
A2B | 75.00 | 1.07 | Aaa/AAA | SOFR + 60 | | | 100.00000 |
A3 | 484.00 | 1.77 | Aaa/AAA | I-CRV + 71 | 3.259% | 3.23% | 99.98792 |
A4 | 96.05 | 2.16 | Aaa/AAA | I-CRV + 68 | 3.397% | 3.37% | 99.99342 |
B | 86.80 | 2.30 | Aa1/AA+ | I-CRV + 110 | 3.845% | 3.81% | 99.99010 |
C | 107.08 | 2.45 | Aa2/A+ | I-CRV + 145 | 4.224% | 4.18% | 99.98315 |
D | 64.90 | 2.58 | A2/BBB | I-CRV + 200 | 4.800% | 4.66% | 99.77527 |
** Pricing Speed: 100% PPC to Maturity
*** Expected Ratings
^ Fixed rate tranches will be priced off of the GC I25 screen
-Transaction Details/Materials-
* Format | : SEC-Reg | | |
* ERISA Eligible | : Yes | | |
* RR Compliance | : US-Yes; EU-No | | |
* Ratings | : Moody’s, S&P | | |
* Ticker | : FORDL 2022-A | | |
* Deal Size | : $1.5+BN | | |
* Minimum Denoms | : $1k x $1k | | |
* B&D | : Barclays | | |
* Expected Pricing | : PRICED | | |
* Expected Settlement Date | : April 26, 2022 | | |
* First Payment Date | : May 16, 2022 | | |
* Intex CDI Dealname | : bcgfcat22a_preprice | Passcode: AAAY |
* Attached | : Preliminary Prospectus, FWP, CDI |
* Roadshow | : www.dealroadshow.com | Passcode: FORDL22A |
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 www.sec.gov. Alternatively, you may obtain a copy of the prospectus from Barclays capital inc. By calling 1-888-603-5847.