FREE WRITING PROSPECTUS Dated July 12, 2016 | Filed Pursuant to Rule 433 Registration No. 333-208079 Registration No. 333-208079-02 |
$750+mm Ally Non-Prime/Non-Revolving Auto Finance (AFIN) 2016-2 **PRICING DETAILS**
Joint-Bookrunners: Citi(str), Deutsche Bank and Societe Generale
Co-managers: BMO, Lloyds, MUFG, PNC, and Scotia
CLS | QTY/MMs | WAL | S&P/M* | ExpFin | LglFin | BMK | Sprd | Yld | CPN | Price | ||||||||||||||
A1 | $ | 168.00 | 0.22 | A-1+/P-1 | 01/17 | 7/20/17 | Yld% | 0.750% | 0.75% | 100.00000 | ||||||||||||||
A2A | $ | 137.00 | 0.88 | AAA/Aaa | 11/17 | 1/22/19 | EDSF | 58 | 1.327% | 1.32% | 99.99707 | |||||||||||||
A2B | $ | 75.00 | 0.88 | AAA/Aaa | 11/17 | 1/22/19 | 1-ML | 59 | 100.00000 | |||||||||||||||
A3 | $ | 212.00 | 1.85 | AAA/Aaa | 12/18 | 6/22/20 | EDSF | 63 | 1.469% | 1.46% | 99.99174 | |||||||||||||
A4 | $ | 73.64 | 2.73 | AAA/Aaa | 07/19 | 1/20/21 | ISWPS | 75 | 1.644% | 1.63% | 99.97763 | |||||||||||||
B | $ | 23.22 | 3.12 | AA/Aa1 | 10/19 | 3/22/21 | ISWPS | 120 | 2.121% | 2.11% | 99.99491 | |||||||||||||
C | $ | 38.70 | 3.37 | A/Aa3 | 12/19 | 6/21/21 | ISWPS | 150 | 2.437% | 2.42% | 99.98474 | |||||||||||||
D | $ | 27.09 | 3.42 | BBB+/Baa1 | 12/19 | 11/20/23 | ISWPS | 225 | 3.190% | 3.16% | 99.97088 | |||||||||||||
*Expected Ratings
***Transaction Details***
| Format | : Public | |
| Expected Ratings | : S&P and Moody’s | |
| BBG Ticker | : AFIN 2016-2 | |
| Settle | : July 20th, 2016 | |
| First Pay | : August 22nd, 2016 | |
| Payment Date | : Monthly on the 20th (or next business day) | |
| ERISA | : Yes | |
| Min Denoms | : 1k x 1k | |
| Delivery | : DTC, Euroclear, Clearstream | |
| B&D | : Citi |
CUSIPS:
| A1 | : 13974MAA4 | |
| A2a | : 13974MAB2 | |
| A2b | : 13974MAH9 | |
| A3 | : 13974MAC0 | |
| A4 | : 13974MAD8 | |
| B | : 13974MAE6 | |
| C | : 13974MAF3 | |
| D | : 13974MAG1 |
STATEMENT REGARDING THIS FREE WRITING PROSPECTUS
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.
