Free Writing Prospectus
Filed Pursuant to Rule 433
Registration Statement Nos. 333-261436-08 and 333-261436
*Full Pxing Details* $2.1+bn (2bn offered) Honda Auto Receivables 2024-2 Owner Trust (HAROT 2024-2)
Joint Lead Bookrunners: Citi (str.), BNP Paribas, Mizuho and Wells Fargo
Co-Managers: Academy, AmeriVet, J.P Morgan, Loop, R. Seelaus, US Bancorp
Capital Structure:
| CL ISSUED | | OFFERED SIZE(MM) | | WAL* | | S/F** | | P. WIN | | E. MTY | | L. MTY | | BENCH | | SPREAD | | YIELD | | COUPON | | PRICE |
| A1 $517.20 | | $491.340 | | 0.26 | | A-1+/F1+ | | 1-7 | | 12/18/2024 | | 05/19/2025 | | I-Curve | | <Preplaced> | | 5.505 | | 5.505 | | 100.00000 |
| A2 $678.20 | | $644.290 | | 1.01 | | AAA/AAA | | 7-18 | | 11/18/2025 | | 11/18/2026 | | I-Curve | | +40 | | 5.545 | | 5.48 | | 99.99813 |
| A3 $778.20 | | $739.290 | | 2.30 | | AAA/AAA | | 18-39 | | 08/18/2027 | | 11/20/2028 | | I-Curve | | +58 | | 5.334 | | 5.27 | | 99.98785 |
| A4 $131.67 | | $125.080 | | 3.24 | | AAA/AAA | | 39-39 | | 08/18/2027 | | 07/18/2030 | | I-Curve | | +67 | | 5.268 | | 5.21 | | 99.99682 |
*Assumes a 1.30% ABS to 10% Call
**Expected ratings
-Deal Summary-
Deal Size : $2.1+bn
Settle : May 21st, 2024
Offering Format : SEC
First Pay Date : June 18th, 2024
ERISA : Yes
Exp. Ratings : S&P / Fitch
Min Denoms : $1K x $1K
BBG Ticker : HAROT 2024-2
B&D : Citi
Delivery : DTC, Clearstream
-Available Information-
* Preliminary Prospectus, FWP, and CDI File (attached)
* Intex Deal Name : xhonda2402 Password : UK2X
-CUSIPs-
A1 437930AA8
A2 437930AB6
A3 437930AC4
A4 437930AD2
The issuer has filed a registration statement (including a prospectus) with the SEC for the 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 Website at 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 toll-free 1-800-831-9146. Any legends, disclaimers or notices that appear below are not applicable to this message and should be disregarded. Such text has been automatically generated via bloomberg or another system.
