0000929638-19-000833.txt : 20190910 0000929638-19-000833.hdr.sgml : 20190910 20190910172230 ACCESSION NUMBER: 0000929638-19-000833 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20190910 DATE AS OF CHANGE: 20190910 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BMW Vehicle Owner Trust 2019-A CENTRAL INDEX KEY: 0001784326 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-229836-01 FILM NUMBER: 191086219 BUSINESS ADDRESS: STREET 1: 300 CHESTNUT RIDGE RD CITY: WOODCLIFF LAKE STATE: NJ ZIP: 07677 BUSINESS PHONE: 2013074000 MAIL ADDRESS: STREET 1: 300 CHESTNUT RIDGE RD CITY: WOODCLIFF LAKE STATE: NJ ZIP: 07677 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BMW FS SECURITIES LLC CENTRAL INDEX KEY: 0001136586 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 300 CHESTNUT RIDGE RD CITY: WOODCLIFF LAKE STATE: NJ ZIP: 07677 BUSINESS PHONE: 2013074000 MAIL ADDRESS: STREET 1: 300 CHESTNUT RIDGE RD CITY: WOODCLIFF LAKE STATE: NJ ZIP: 07677 FWP 1 fwp.htm
Free Writing Prospectus
Filed Pursuant to Rule 433
Dated September 10, 2019
Registration Statement Nos. 333-229836 and 333-229836-01

**PX DETAILS** $1.25BN BMW PRIME AUTO (BMWOT 2019-A)

Joint Bookrunners: Barclays (str), TD, Wells Fargo
Co-Managers: BNP Paribas, HSBC, RBC

Anticipated Capital Structure:

CL
SZ($MM)
WAL
P. Win
L. Fnl
F/S
BENCH
Spd
YLD
Cpn
Price
A-1
265.000
0.24
1-5
09/20
F1+/A-1+
IntL
– 2
2.11124%
2.11124%
100
A-2
443.000
0.95
5-18
05/22
AAA/AAA
EDSF
+ 19
2.061%
2.05%
99.99789
A-3
442.000
2.19
18-37
01/24
AAA/AAA
IntS
+ 29
1.934%
1.92%
99.98656
A-4
100.000
3.43
37-43
01/26
AAA/AAA
IntS
+ 41
1.961%
1.95%
99.98989

Expected Settle:
09/18/19
Registration:
SEC-Registered
First Pay Date:
10/25/19
ERISA Eligible:
Yes
Expected Ratings:
Fitch, S&P
Min Denoms:
$1k x $1k
Ticker:
BMWOT 2019-A
Bill & Deliver:
Barclays
Expected Pricing:
PRICED
Pricing Speed:
 1.4% ABS 5% CALL

-Available Materials-
* Preliminary Prospectus and Ratings FWP: (attached)
* IntexNet / CDI: bcgbmwot_2019-a_preprice | Pwd: 42JY


THE ISSUER HAS FILED A REGISTRATION STATEMENT (INCLUDING A PROSPECTUS) WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION (SEC) FOR THIS OFFERING.  BEFORE YOU INVEST, YOU SHOULD READ THE PROSPECTUS FOR THIS OFFERING IN THAT REGISTRATION STATEMENT, AND OTHER DOCUMENTS THAT 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 SEARCHING THE SEC ONLINE DATABASE (EDGAR) AT WWW.SEC.GOV.  ALTERNATIVELY, YOU MAY OBTAIN A COPY OF THE PROSPECTUS FROM BARCLAYS CAPITAL INC. BY CALLING 1-888-603-5847.