FWP 1 d392044dfwp.htm FWP FWP

Filed Pursuant to Rule 433

Registration No. 333-260710

**PXG DETAILS** $1.25bln Capital One Prime Auto Receivables Trust 2023-1 (COPAR 2023-1)

Joint-Leads: J.P. Morgan (struc), Bank of America, and Citigroup Co-Managers: Capital One, Academy, CastleOak and Siebert Williams

 

     TOTAL      OFFERED                                                                 

CL

    SZ($MM)      SZ($MM)      WAL      S&P/F      P.WIN      E.FNL      L.FNL      SPREAD      YLD%      CPN%      $PX  

A-1

      234.000        222.300        0.19        A-1+/F1+        1-5        07/23        03/24        I-Curve+17        4.900        4.90        100.00000  

A-2

      508.100        482.690        1.04        AAA/AAA        5-21        11/24        05/26        I-Curve+38        5.258        5.20        99.99886  

A-3

      475.000        451.250        2.54        AAA/AAA        21-43        09/26        02/28        I-Curve+56        4.928        4.87        99.98080  

A-4

      98.700        93.760        3.64        AAA/AAA        43-44        10/26        08/28        I-Curve+68        4.809        4.76        99.99510  

 

Expected Settle :    02/23/23    Registration : SEC Registered
First Pay Date :    03/15/23    ERISA Eligible : Yes
Expected Ratings :    S&P, Fitch    Px Speed : 1.30% ABS and 10% clean-up call
Ticker :    COPAR 2023-1   

Min Denoms : $1k x $1k

Bill & Deliver :    J.P. Morgan   
Expected Pricing :    Priced    Available Information:
CUSIPs :    A1 14043KAB1   

*   Prelim Prospectus : Attached

   A2 14043KAD7   

*   Ratings FWP : Attached

   A3 14043KAH8   

*   DealRoadshow.com : COPAR231

   A4 14043KAK1   

*   IntexNet/CDI : Separate Message

Maintaining its commitment to diversity, equity and inclusion (DE&I), Capital One has mandated J.P. Morgan as the transaction’s DE&I coordinator to assist in the placement of securities including, but not limited to, retention bonds allocated to the DE&I co-managers: Academy, CastleOak and Siebert Williams.

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 800-408-1016 or by emailing the ABS Syndicate Desk at abs_synd@jpmorgan.com.