FWP 1 d344536dfwp.htm FWP FWP

Filed Pursuant to Rule 433

Registration No. 333-260710

 

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Pricing Details* $1.75Bn (COPAR 2022-1) Prime Auto Loan ABS

Joint Lead Managers: Wells Fargo (struc), JP Morgan and RBC

Co-Managers: Barclays, Cap One Securities, Academy, and R. Seelaus

 

 

CLS

 

TOTAL(MM)

 

OFFERED(MM)

 

WAL*

 

S&P/Fitch

 

BENCH

 

SPD

 

YLD%

 

CPN%

 

$PRICE

A-1   365.000   346.750   0.27   A-1+/F1+   I-Cur   + 53   1.405   1.405   100.00000
A-2   663.190   630.030   1.11   AAA/AAA   I-Cur   + 70   2.734   2.710   99.99053
A-3   663.190   630.030   2.55   AAA/AAA   I-Cur   + 58   3.200   3.170   99.97815
A-4   150.730   143.190   3.68   AAA/AAA   I-Cur   + 63   3.350   3.320   99.97607

 

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Pricing Speed: 1.30% ABS, 10% call

-TRANSACTION DETAILS-

Offered Size : 1.75Bn

Registration : SEC Registered

ERISA Eligible : Yes

Expected Settlement : 05/04/2022

First Payment : 06/15/2022

Expected Ratings : S&P/Fitch

Bloomberg Ticker : COPAR 2022-1

Risk Retention : 5% Vertical

-MARKETING MATERIALS-

Preliminary Prospectus: Attached

Intex: Dealname: wscopa2201 | Password: 6U76

DealRoadshow: https://dealroadshow.com

Entry Code (Case Sensitive): COPAR221

Direct Link: https://dealroadshow.com/e/COPAR221

 

If this communication relates to an offering of US registered securities (i) a registration statement has been filed with the SEC, (ii) before investing you should read the filed documents, and (iii) you may obtain these documents from your sales representative, by calling 1-800-326-5897 or visiting www.sec.gov. If this communication relates to a securities offering exempt from US registration, you should contact your sales representative for the complete disclosure package. For information regarding Wells Fargo, see https://www.wellsfargo.com/com/disclaimer/wfid3. In Japan, see: https://www.wellsfargo.com/com/disclaimer/wfsjb4.