0000929638-20-000766.txt : 20200722 0000929638-20-000766.hdr.sgml : 20200722 20200721190142 ACCESSION NUMBER: 0000929638-20-000766 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20200722 DATE AS OF CHANGE: 20200721 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Toyota Auto Receivables 2020-C Owner Trust CENTRAL INDEX KEY: 0001814210 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-228027-07 FILM NUMBER: 201039879 BUSINESS ADDRESS: STREET 1: 6565 HEADQUARTERS DRIVE STREET 2: ATTENTION: SEC REPORTING CITY: PLANO STATE: TX ZIP: 75024 BUSINESS PHONE: 469-486-9013 MAIL ADDRESS: STREET 1: 6565 HEADQUARTERS DRIVE STREET 2: ATTENTION: SEC REPORTING CITY: PLANO STATE: TX ZIP: 75024 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: TOYOTA AUTO FINANCE RECEIVABLES LLC CENTRAL INDEX KEY: 0001131131 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 334836519 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 6565 HEADQUARTERS DRIVE STREET 2: ATTENTION: SEC REPORTING CITY: PLANO STATE: TX ZIP: 75024 BUSINESS PHONE: 469-486-9013 MAIL ADDRESS: STREET 1: 6565 HEADQUARTERS DRIVE STREET 2: ATTENTION: SEC REPORTING CITY: PLANO STATE: TX ZIP: 75024 FWP 1 fwp.htm
Free Writing Prospectus
Filed Pursuant to Rule 433
Dated July 21, 2020
Registration Statement Nos. 333-228027 and 333-228027-07


*FULL PRICING DETAILS* $1.60bn ($1.48+bn Offered) TAOT 2020-C (TOYOTA PRIME AUTO LOAN)

JOINT LEADS: SMBC (Structuring), BNP, Mizuho, RBC
CO-MANAGERS: Commerzbank, UniCredit

CL
SIZE($MM)
OFFERED($MM)
WAL
M/S
P.WIN
E.FNL
L.FNL
BNCH
LAUNCH
YLD
  CPN PRICE
A-1
355.000
337.250
0.18
P-1/A-1+
1-6
01/21
08/21
IntL
-2
0.20159%
  0.20159%  100.00000%
A-2
556.000
528.200
0.92
Aaa/AAA
6-18
01/22
02/23
EDSF
+12
0.364%
  0.36%
  99.99658%
A-3
516.000
490.200
2.16
Aaa/AAA
18-37
08/23
10/24
IntS
+23
0.444%
  0.44%  99.99230%
A-4
133.000
126.350
3.41
Aaa/AAA
37-45
04/24
10/25
IntS
+34
0.575%
  0.57%  99.98545%
B
 40.000

 
****Not Offered***
            

-
Ticker
:
TAOT 2020-C
-
Pricing Speed
:
1.3% ABS - 5% Call
-
Registration
:
SEC Reg
-
First Pay Date
:
8/17/20
-
Expected Ratings
:
Moody's/S&P
-
Expected Settle
:
7/27/20
-
Expected Pricing
:
PRICED
-
ERISA Eligible
:
Yes
-
B&D
:
SMBC
-
Minimum Denoms
:
$1k x $1k

>> Available Information:
-
Preliminary Prospectus and Ratings Free Writing Prospectus (attached)
-
Intex CDI (attached)
  
-
Intexnet: smbctaot20c_upsize
Passcode: VV2U
-
Roadshow: www.netroadshow.com
Passcode: TAOT2020 (not case-sensitive)

>> CUSIPS:
Al
:
89237VAE9
A2
:
89237VAA7
A3
:
89237VAB5
A4
:
89237VAC3
B
:
89237VAD1

 
The issuer has filed a registration statement (including a prospectus) with the Securities and Exchange Commission ("SEC") for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and the 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 https://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 1-833-240-3184 or you may e-mail a request to siasg@smbcnikko-si.com.