Free Writing Prospectus Filed Pursuant to Rule 433
Registration Statement Nos. 333-261436-04 and 333-261436
*FULL PRICING DETAILS* $1.5B Honda (HAROT 2023-2) Prime Auto Loan ABS
Joint Bookrunners: Barclays(str), J.P. Morgan, TD Securities, Wells Fargo Securities
Co-Managers: ANZ Securities, BNY Mellon Capital Markets, BofA Securities, US Bancorp
– CAPITAL STRUCTURE –
| CLS TOTAL (mm) | | OFFERED (mm) | | WAL | | S/M* | | PWIN | | L.FIN | | BENCH | | SPREAD | | YIELD (%) | | CPN (%) | | PRICE (%) |
| A-1 370.980 | | 352.431 | | 0.29 | | A-1+/P-1 | | 1-8 | | 06/24 | | I-CRV | | +19 | | 5.498 | | 5.498 | | 100.00000 |
| A-2 615.480 | | 584.706 | | 1.17 | | AAA/Aaa | | 8-22 | | 04/26 | | I-CRV | | +55 | | 5.477 | | 5.41 | | 99.99401 |
| A-3 495.480 | | 470.706 | | 2.52 | | AAA/Aaa | | 22-40 | | 11/27 | | I-CRV | | +85 | | 4.988 | | 4.93 | | 99.98380 |
| A-4 97.008 | | 92.157 | | 3.29 | | AAA/Aaa | | 40-40 | | 09/29 | | I-CRV | | +102 | | 4.968 | | 4.91 | | 99.97792 |
PRICED - TOE: 4:36PM ET
*Anticipated Ratings
^Transaction size based on offered bonds
– Transaction Details –
Offered Size : $1.5B
Registration : SEC Registered
Expected Settle : May 30th, 2023
ERISA Eligible : Yes
PXG Speed : 1.3% ABS to 10% Call
Risk Retention : US – Yes, EU – No
BBG Ticker : HAROT 2023-2
Bill & Deliver : Barclays
– Marketing Materials –
Preliminary Prospectus, Ratings FWP and CDI File : Attached
CDI Deal Name: bcgharot_2023-2_upsize | Passcode YX69
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.
