FREE WRITING PROSPECTUS | ||
FILED PURSUANT TO RULE 433 | ||
REGISTRATION FILE NO.: 333-255181-02 | ||
From: [REDACTED]
Sent: Wednesday, November 9, 2022 4:05 PM
Subject: 3650R 2022-PF2 **INITIAL PRICE TALK** PUBLIC
3650R 2022-PF2 **INITIAL PRICE TALK** PUBLIC
***PUBLIC OFFERED CERTIFICATES***
CLASS | RATING(S/F/D) | SIZE(MM) | C/E | WAL | IPT | APPROX. $PX* |
A-1 | AAA/AAA/AAA | 8.849 | 30.000% | 2.18 | P+150a | ~98(WAC) |
A-2 | AAA/AAA/AAA | 65.444 | 30.000% | 4.89 | P+150a | ~99(WAC) |
A-3 | AAA/AAA/AAA | 15.000 | 30.000% | 6.54 | P+205a | ~97(WAC) |
A-SB | AAA/AAA/AAA | 9.439 | 30.000% | 7.59 | P+200a | ~97(WAC) |
A-4** | AAA/AAA/AAA | 164.395 | 30.000% | 9.36 | LCF-2 | ~97(WAC) |
A-5** | AAA/AAA/AAA | 246.593 | 30.000% | 9.77 | P+208a | ~97(WAC) |
A-S | AA/AAA/AAA | 72.818 | 20.000% | 9.94 | P+260a | ~93(WAC) |
B | NR/AA-/AA | 34.588 | 15.250% | 9.96 | P+300a | ~90(WAC) |
* ESTIMATE BASED ON CURRENT RATES - SUBJECT TO CHANGE
** SIZES SUBJECT TO CHANGE AS DETAILED IN THE TERM SHEET. RANGE OF POSSIBLE SIZES
BELOW:
CLASS | EXPECTED RANGE OF BALANCE | EXPECTED RANGE OF WAL |
A-4 | 0.000 - 164.395 | NA - 9.36 |
A-5 | 246.593 - 410.988 | 9.77 - 9.61 |
DEUTSCHE BANK TRADING DESK CONTACTS:
RYAN HORVATH 212-250-5149
AFTON ENGLAND 212-250-5149
DAN PENN 212-250-5149
CITIGROUP SYNDICATE DESK CONTACTS:
RAUL OROZCO 212-723-1295
MATT PERRY 212-723-1295
CREDIT SUISSE DESK CONTACTS
CRAIG LEONARD 212-325-8549
ROGER TEDESCO 212-325-8549
COLIN HARRINGTON 212-325-8549
JJ MCBRIDE 212-325-8549
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The issuer has filed a registration statement (including a prospectus) with the SEC for the new 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 at www.sec.gov<http://www.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 1-800-503-4611.
This communication does not contain all information that is required to be included in the prospectus. The information in this communication is preliminary, and is subject to completion or change. Any investment decision with respect to the securities should be made by you based upon the information contained in the prospectus relating to the securities. There can be no assurance that actual pricing will be completed at the indicated value(s). This communication is not an offer to sell or a solicitation of an offer to buy these securities in any state where such offer, solicitation or sale is not permitted.
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