Free Writing Prospectus
Filed Pursuant to Rule 433
Registration Statement Nos. 333-261436-02 and 333-261436
*PRICING DETAIL* $1.0B Honda (HAROT 2022-2) Prime Auto Loan ABS
Joint Lead Bookrunners: MUFG (Str), Barclays, BofA, Societe Generale
Co-managers: ANZ, BNY Mellon, Citi, US Bancorp
-CAPITAL STRUCTURE-
TOTAL OFFERED
| CLS | (mm) | (mm) | WAL | S/F* | E.FIN | L.FIN | BENCH** SPRD | YLD% | CPN% | $PX |
| A-1 | 239.000 | 227.050 | 0.30 | A-1+/F1+ | 03/23 | 08/23 | I-CRV | 3.120 | 3.120 | 100.00000 |
| A-2 | 354.000 | 336.300 | 1.04 | AAA/AAA | 03/24 | 03/25 | I-CRV +62 | 3.845 | 3.81 | 99.99543 |
| A-3 | 354.000 | 336.300 | 2.22 | AAA/AAA | 09/25 | 07/26 | I-CRV +59 | 3.762 | 3.73 | 99.99404 |
| A-4 | 105.640 | 100.350 | 3.20 | AAA/AAA | 11/25 | 12/28 | I-CRV +70 | 3.797 | 3.76 | 99.97805 |
*Anticipated Ratings
**Fixed Rate will be priced off of the GC I25 screen
^Transaction size based on offered bonds
- Transaction Details -
Offered Size : $1.0B (no grow)
BBG Ticker : HAROT 2022-2
SSAP : HAROT22-2
PXG Speed : 1.3% ABS to 10% Call
Expected Pricing : Aug 16th - 17th
Expected Settle : 08/24/2022
First Pay Date : 09/19/2022
Registration : SEC Registered
ERISA Eligible : Yes
Risk Retention : US - Yes, EU – No
Min Denoms : $1k x $1k
Bill & Deliver : MUFG
- Marketing Materials –
Preliminary OM, Rating FWP and Intex/CDI (attached)
INTEX DEAL Name : mitharot_2022-2 | Passcode B666
CUSIPs
A-1 43815PAA7
A-2 43815PAB5
A-3 43815PAC3
A-4 43815PAD1
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 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, 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 1-877-649-6848.
