0000929638-24-002051.txt : 20240604 0000929638-24-002051.hdr.sgml : 20240604 20240604150845 ACCESSION NUMBER: 0000929638-24-002051 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240604 DATE AS OF CHANGE: 20240604 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BMW Vehicle Owner Trust 2024-A CENTRAL INDEX KEY: 0002021594 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] ORGANIZATION NAME: Office of Structured Finance FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-262471-03 FILM NUMBER: 241017380 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] ORGANIZATION NAME: Office of Structured Finance 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 June 4, 2024
Registration Statement Nos. 333-262471 and 333-262471-03


***PRICING DETAILS*** $1.75bln BMW Vehicle Owner Trust 2024-A (BMWOT 2024-A)

Joint Bookrunners: J.P. Morgan (struc), BNP, Societe Generale
Co-Managers: MUFG, US Bancorp


CL
AMT($MM)
WAL
MDY/S&P
P.WIN
E.FNL
L.FNL
BENCH
SPREAD
YLD%
CPN%
$PX
A-1
363.000
0.25
P-1/A-1+
1-5
11/24
05/25
I-Curve
+12
5.512
5.512
100.00000
A-2a
320.500
0.99
Aaa/AAA
5-18
12/25
02/27
I-Curve
+37
5.483
5.42
99.99797
A-2b*
320.500
0.99
Aaa/AAA
5-18
12/25
02/27
SOFR30A
+34
    
100.00000
A-3
641.000
2.34
Aaa/AAA
18-41
11/27
02/29
I-Curve
+54
5.243
5.18
99.98481
A-4
105.000
3.69
Aaa/AAA
41-45
03/28
04/31
I-Curve
+60
5.094
5.04
99.99683
* Class A-2b benchmark is SOFR30A


Expected Settle:
06/11/24
Registration:
SEC Registered
First Pay Date:
07/25/24
ERISA Eligible:
Yes
Expected Ratings:
Moody's, S&P
Px Speed:
1.40% ABS to 5% Clean-Up Call
Ticker:
BMWOT 2024-A
Min Denoms:
$1k x $1k
Bill & Deliver:
J.P. Morgan
    
Expected Pricing:
PRICED
Available Information:
  
CUSIPs: A-1 096919AA3
* Prelim Prospectus : Attached
A-2a 096919AB1
  
* Ratings FWP : Attached
A-2b 096919AC9
  
* IntexNet/CDI : Separate Message
A-3 096919AD7
      
A-4 096919AE5
      

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