Free Writing Prospectus
Filed Pursuant to Rule 433
Registration Statement Nos. 333-261436-07 and 333-261436
*Pricing Details* $2.00BN Honda Auto Receivables 2024-1 Owner Trust (HAROT 2024-1) Prime Auto Loan ABS
Lead Managers: MUFG (str), Barclays, BofA and DB
Co-Managers: ANZ, Citi, ING, TD
| ANTICIPATED CAPITAL STRUCTURE | | | | | | | | | | | | |
| CLS | | TOT($mm) | | OFF($mm) | | WAL | | M/S* | | P.WIN | | E.FIN | | L.FIN | | BENCH | | SPRD | | YIELDS | | CPN | | PX |
| A-1 | | 517.000 | | 491.150 | | 0.25 | | P-1/A-1+ | | 1-7 | | 9/24 | | 2/25 | | I-CURV | | +13 | | 5.524 | | 5.524 | | 100.00000 |
| A-2 | | 688.800 | | 654.360 | | 1.01 | | Aaa/AAA | | 7-18 | | 8/25 | | 9/26 | | I-CURV | | +44 | | 5.430 | | 5.36 | | 99.99077 |
| A-3 | | 767.800 | | 729.410 | | 2.31 | | Aaa/AAA | | 18-39 | | 5/27 | | 8/28 | | I-CURV | | +66 | | 5.269 | | 5.21 | | 99.99565 |
| A-4 | | 131.664 | | 125.080 | | 3.23 | | Aaa/AAA | | 39-39 | | 5/27 | | 5/30 | | I-CURV | | +77 | | 5.234 | | 5.17 | | 99.97690 |
* Expected Ratings
-TRANSACTION DETAILS-
BBG Ticker : HAROT 2024-1
Format : SEC Registered
Exp. Ratings : Moody's / S&P
ERISA : Yes
Risk Retention : US RR = Yes, EU RR = No
Min Denoms : $1k x $1k
Pxing Speed : 1.30% ABS to 10% Call
Expected Pricing : Priced
Expected Settle : 2/21/2024
First Pay Date : 3/15/2024
B&D : MUFG
-ATTACHMENTS-
Preliminary Prospectus, FWP, CDI (attached)
Intex Deal Name : mithond2401_upsize / U4K6
SSAP : HAROT2401
-CUSIPS-
A1 437918AA3
A2 437918AB1
A3 437918AC9
A4 437918AD7
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.
