FWP 1 fwp.htm
Free Writing Prospectus
Filed Pursuant to Rule 433
Dated April 20, 2020
Registration Statement Nos. 333-228027 and 333-228027-06


$1.2BLN ($1,111,500,000 offered) Toyota Auto Receivables 2020-B Owner Trust             
JT-Leads: BofA(struc), RBC, SG                                                                                    Co-Mgrs: ANZ, ING, Unicredit



CLS
Size
($mm)
Offered
($mm)
WAL
MDY/S&P
EXP
LEGAL
BENCH
SPREAD
YLD
CPN
$PRICE
A-1
240.00
228.000
0.22
P-1/A-1+
10/20
05/17/21
ILIB
+ 10
1.14133
  
100.00000
A-2
450.00
427.500
0.96
Aaa/AAA
11/21
12/15/22
EDSF
+ 90
1.392
1.38
  99.99243
A-3
393.04
373.388
2.24
Aaa/AAA
06/23
08/15/24
ISWP
+ 95
1.373
1.36
  99.98000
A-4
  86.96
  82.612
3.48
Aaa/AAA
01/24
09/15/25
ISWP
+125
1.675
1.66
  99.96903


BILL & DELIVER:
BofA
BBG TICKER:
TAOT 20-B
EXPECTED RATINGS:
Moody's/S&P
REGISTRATION:
PUBLIC     
EXPECTED SETTLE:
04/29/20
FIRST PAY DATE:
05/15/20
EXPECTED PRICING:
04/20/20
PXG SPEED:
1.3% ABS to 5% CALL
ERISA ELIGIBLE:
YES
DENOMS:
$1k/$1k             
CUSIPS:
A-1   89239R AA4
INTEXNET:  bastaot20b_upsize  BVXB
  
 
A-2   89239R AB2
www.dealroadshow.com TAOT20B  
  
 
A-3   89239R AC0
    
 
A-4   89239R AD8
    

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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 Web site 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 1-800-294-1322 or you may e-mail a request to dg.prospectus_request@bofa.com.