Free Writing Prospectus
Filing Pursuant to Rule 433
Filed on April 4, 2024
Registration Statement No. 333-275606-01
*PRICING DETAILS* $1.523+Bn GM Financial Consumer Automobile Receivables Trust (GMCAR) 2024-2
Joint Leads: BNP Paribas (struc), CIBC, Lloyds, Societe Generale, Wells Fargo
Co Managers: Goldman Sachs, Great Pacific, MUFG, Scotia
--ANTICIPATED CAPITAL STRUCTURE--
CLS | SIZE ($mm)* | WAL | S/M | P.WIN | E. FINAL | L. FINAL | BENCH | SPREAD | YLD (%) | CPN (%) | $PX | |||||||||||
============================================================================================================== | ||||||||||||||||||||||
A-1 | 292.800 | 0.24 | A-1+/P-1 | 01-06 | 10/24 | 04/25 | I-CRV | +13 | 5.494% | 5.494% | 100.00000 | |||||||||||
A-2-A | 287.670 | 1.04 | AAA/Aaa | 06-20 | 12/25 | 03/27 | I-CRV | +39 | 5.396% | 5.33% | 99.99339 | |||||||||||
A-2-B | 260.000 | 1.04 | AAA/Aaa | 06-20 | 12/25 | 03/27 | SOFR30A | +39 | 100.00000 | |||||||||||||
A-3 | 547.670 | 2.46 | AAA/Aaa | 20-42 | 10/27 | 03/29 | I-CRV | +57 | 5.163% | 5.10% | 99.98065 | |||||||||||
A-4 | 87.240 | 3.59 | AAA/Aaa | 42-43 | 11/27 | 09/29 | I-CRV | +65 | 5.097% | 5.04% | 99.98766 | |||||||||||
B | 25.070 | 3.60 | AA/Aa2 | 43-43 | 11/27 | 10/29 | I-CRV | +90 | 5.346% | 5.28% | 99.97552 | |||||||||||
C | 23.500 | 3.60 | A/A2 | 43-43 | 11/27 | 12/29 | I-CRV | +105 | 5.496% | 5.43% | 99.98635 | |||||||||||
============================================================================================================== |
-- Transaction Details --
* Size : $1,523,950,000 Offered
* Ticker : GMCAR 2024-2
* Expected Ratings : S&P/Moody’s
* Format : SEC Registered
* Pricing Speed : 1.3% ABS to 10% Call
* Min. Denoms : $1k x $1k
* Expected Pxg : PRICED
* Settlement Date : 04/10/24
* First Pay : 05/16/24
* ERISA : Yes
* Bill & Deliver : BNP Paribas
-- Available Materials --
* Preliminary Prospectus (attached)
* Ratings FWP (attached)
* Intex CDI (attached)
* Intexnet : Dealname: bpgmcar2402_mkt_upsize ; Password: XY6A
* Deal Roadshow : https://dealroadshow.com ; Entry Code (Case Sensitive) GMCAR20242
--GMCAR 2024-2 CUSIPs / ISINs--
Class A-1 : 379931 AA6 / US379931AA67
Class A-2-A: 379931 AB4 / US379931AB41
Class A-2-B: 379931 AC2 / US379931AC24
Class A-3 : 379931 AD0 / US379931AD07
Class A-4 : 379931 AE8 / US379931AE89
Class B : 379931 AF5 / US379931AF54
Class C : 379931 AG3 / US379931AG38
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