Free Writing Prospectus
Filing Pursuant to Rule 433
Filed on October 8, 2024
Registration Statement No. 333-275606-03
$1.2+bn GM Financial Consumer Automobile Receivables Trust 2024-4 (GMCAR)
Joint Leads: Mizuho (str), Barclays, Credit Agricole , Scotia, SMBC
Co-Mgrs: BMO, BNP, CIBC, R.Seelaus
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CLS | | $AMT (MM)* | | | WAL | | M/S** | | P.WIN | | | E.FIN | | | L.FIN | | | BNCH | | Spread | | | Yield (%) | | | Coupon | | | Price | |
========================================================================================================================= | |
| | | | | | | | | | | |
A-1 | | | 249.000 | | | 0.25 | | P-1/A-1+ | | | 1-6 | | | | 4/25 | | | | 10/16/25 | | | I-CRV | | | +10 | | | | 4.737 | | | | 4.737 | | | | 100.00000 | |
| | | | | | | | | | | |
A-2A | | | 190.000 | | | 1.08 | | Aaa/AAA | | | 6-21 | | | | 7/26 | | | | 10/18/27 | | | I-CRV | | | +40 | | | | 4.577 | | | | 4.53 | | | | 99.99583 | |
| | | | | | | | | | | |
A-2B | | | 285.390 | | | 1.08 | | Aaa/AAA | | | 6-21 | | | | 7/26 | | | | 10/18/27 | | | SOFRA30A | | | +40 | | | | | | | | | | | | 100.00000 | |
| | | | | | | | | | | |
A-3 | | | 412.880 | | | 2.45 | | Aaa/AAA | | | 21-40 | | | | 2/28 | | | | 8/16/29 | | | I-CRV | | | +53 | | | | 4.449 | | | | 4.40 | | | | 99.98074 | |
| | | | | | | | | | | |
A-4 | | | 92.000 | | | 3.59 | | Aaa/AAA | | | 40-44 | | | | 6/28 | | | | 4/16/30 | | | I-CRV | | | +62 | | | | 4.487 | | | | 4.44 | | | | 99.98138 | |
| | | | | | | | | | | |
B | | | 20.890 | | | 3.67 | | Aa2/AA | | | 44-44 | | | | 6/28 | | | | 5/16/30 | | | I-CRV | | | +85 | | | | 4.716 | | | | 4.67 | | | | 99.99892 | |
| | | | | | | | | | |
C | | | 19.580 | | | **Retained** | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | |
D | | | 16.330 | | | **Retained** | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
========================================================================================================================== | |
** Minimum Expected ratings
Transaction Details:
* Ticker: GMCAR 2024-4
* Offered Size: $1.2+bn
* Format: Public/SEC Registered
* Pricing speed: 1.30% ABS to 10% Call
* Expected Ratings: Moody’s/S&P
* ERISA Eligible: Yes
* US RR Eligible: Yes
* EU RR Eligible: No
* Min denoms: $1k x $1k
* Expected Settlement: October 16, 2024
* First Payment Date: November 18, 2024
* Pricing: October 8th
* Bill and Deliver: Mizuho
Available Information:
* Preliminary Prospectus (Attached)
* Roadshow: www.dealroadshow.com
Passcode: GMCAR244
* Intex CDI File (Attached)
Intex Dealname: mzgmcar20244_upsize
Password: 49KK
CUSIPS:
A1 38014AAA9
A2A 38014AAB7
A2B 38014AAC5
A3 38014AAD3
A4 38014AAE1
B 38014AAF8
The issuer has filed a registration statement (including a base prospectus) with the SEC for the offering to which this free writing prospectus relates. Before you invest in this offering, you should read the base 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, Mizuho will arrange to send you a prospectus at no charge if you request it by calling Toll Free: 866-271-7403.