Form FWP Mercedes-Benz Auto Recei Filed by: Mercedes-Benz Auto Receivables Trust 2021-1
Free Writing Prospectus
Filed Pursuant to Rule 433
Registration Statement No. 333-232590-03
$1.58+bn ($1.25bn offered) Mercedes-Benz Auto Receivables Trust (MBART) 2021-1
Joint Leads: Mizuho (Structuring), Santander, TD
Co-Managers: Barclays, DB
Anticipated Capital Structure:
CLS | $AMT(MM) | WAL | M/S* | E.FIN | L.FIN | BENCH | SPRD | YLD% | CPN% | $PX |
A-1
|
332.500 |
0.22 | NR/NR | 03/22 | 09/15/22 | **Retained** | ||||
A-2 | 560.000 | 1.00 | Aaa/AAA | 04/23 | 07/15/24 | EDSF | +6 | 0.220 |
0.21 | 99.99007 |
A-3 | 560.000 | 2.37 | Aaa/AAA | 02/25 | 06/15/26 | IntS | +6 | 0.466 | 0.46 | 99.98692 |
A-4 | 130.000 | 3.79 | Aaa/AAA | 09/25 | 12/15/27 | IntS | +3 | 0.740 | 0.73 | 99.96691 |
* Expected Ratings
Transaction Details:
* BBG Ticker: MBART 2021-1
* Size: $1.58+bn / $1.25bn offered (No Grow)
* Format: SEC Registered
* Assets: Prime Auto Loan
* Min Denoms: $1k x $1k
* ERISA Eligible: Yes
* Ratings: Moody's/S&P
* Timing: Priced
* Settlement: September 22, 2021
* Payment Dates: 15th of each month or next Business Day
* First Pay: October 15, 2021
* Delivery: DTC, Euroclear, Clearstream
* Assets: Prime Auto Loan
* Min Denoms: $1k x $1k
* ERISA Eligible: Yes
* Ratings: Moody's/S&P
* Timing: Priced
* Settlement: September 22, 2021
* Payment Dates: 15th of each month or next Business Day
* First Pay: October 15, 2021
* Delivery: DTC, Euroclear, Clearstream
* Risk Retention: U.S. RR = Yes, E.U. RR = No
* Bill & Deliver: Mizuho
Materials: Preliminary Prospectus, FWP, cdi
Materials: Preliminary Prospectus, FWP, cdi
Intex Dealname: mzmbar2101
Intex Password: JAU2
Roadshow login: www.netroadshow.com
Password: MBART20211
CUSIPS:
A-1: 58772WAA1
A-2: 58772WAB9
A-3: 58772WAC7
A-4: 58772WAD5
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
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Blue Owl Capital Hires Australia Future Fund's Deputy Chief Investment Officer Alicia Gregory
- Xunlei Filed Its Annual Report on Form 20-F for Fiscal Year 2023
- From Factory to Site: The Direct Approach Transforming Construction
Create E-mail Alert Related Categories
SEC FilingsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!