0001193125-19-201365.txt : 20190724 0001193125-19-201365.hdr.sgml : 20190724 20190724171103 ACCESSION NUMBER: 0001193125-19-201365 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20190724 DATE AS OF CHANGE: 20190724 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CarMax Auto Owner Trust 2019-3 CENTRAL INDEX KEY: 0001779026 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-228379-03 FILM NUMBER: 19971716 BUSINESS ADDRESS: STREET 1: 12800 TUCKAHOE CREEK PARKWAY STREET 2: SUITE 400 CITY: RICHMOND STATE: VA ZIP: 23238 BUSINESS PHONE: (804) 935-4512 MAIL ADDRESS: STREET 1: 12800 TUCKAHOE CREEK PARKWAY STREET 2: SUITE 400 CITY: RICHMOND STATE: VA ZIP: 23238 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CARMAX AUTO FUNDING LLC CENTRAL INDEX KEY: 0001259380 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 010794037 STATE OF INCORPORATION: DE FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 12800 TUCKAHOE CREEK PARKWAY STREET 2: SUITE 400 CITY: RICHMOND STATE: VA ZIP: 23238 BUSINESS PHONE: (804) 935-4512 MAIL ADDRESS: STREET 1: 12800 TUCKAHOE CREEK PARKWAY STREET 2: SUITE 400 CITY: RICHMOND STATE: VA ZIP: 23238 FWP 1 d763239dfwp.htm FWP FWP

Free Writing Prospectus

Dated July 24, 2019

Filed Pursuant to Rule 433(d)

Registration No. 333-228379

Registration No. 333-228379-03

$1.50Bn CarMax Auto Owner Trust (CARMX) 2019-3 *Pricing Details*

Joint Leads: MUFG (str), BofAML, RBC and Wells Fargo

Co-Managers: CS, Mizuho, Scotia, TD

 

Cls

  

Size

($mm)

  

WAL

  

Ratings

(S/F)

  

WIN

  

L.FNL

  

BENCH

  

SPRD

  

Yld%

  

CPN%

  

$Price

A-1

   291.000   0.28   A-1+/F1+  

1-7

  

8/20

  

IntL

  

+0

  

2.25661

  

2.25661

  

100.00000

A-2A

   443.000   1.22   AAA/AAA  

7-24

  

12/22

  

EDSF

  

+25

  

2.224

  

2.21

  

99.99551

A-2B

   85.000   1.22   AAA/AAA  

7-24

  

12/22

  

1mL

  

+25

  

1mL+25

  

    

  

100.00000

A-3

   486.100   2.76   AAA/AAA  

24-44

  

8/24

  

IntS

  

+40

  

2.195

  

2.18

  

99.98657

A-4

   97.900   3.96   AAA/AAA  

44-49

  

4/25

  

IntS

  

+55

  

2.321

  

2.30

  

99.96277

B

   40.600   4.04   AA/AA  

49-49

  

4/25

  

IntS

  

+75

  

2.522

  

2.50

  

99.96607

C

   32.340   4.04   A/A  

49-49

  

6/25

  

IntS

  

+85

  

2.622

  

2.60

  

99.97020

D

   24.060   4.04   BBB/BBB  

49-49

  

1/26

  

IntS

  

+110

  

2.872

  

2.85

  

99.98114

- TRANSACTION DETAILS -

Format: SEC Registered    Min Denoms: $5k x $1k   
Pricing Speed: 1.3% ABS to 10% Call    US RR Compliant: Yes   
Ratings: S&P, Fitch    EU RR Complaint: No   
Ticker: CARMX 2019-3    Exp Pricing: PRICED   
ERISA Eligible: Yes    Exp Settle: 7/30/2019   
B&D: MUFG    First Payment: 8/15/2019   

- Attachments/Materials -

Prelim Prosup, FWP and CDI File (Attached)

Intex Deal Name: mitcarx1903_preprice    Passcode: BU96

Roadshow: www.dealroadshow.com    Code (Case Sensitive): CARMX193

Direct Link: www.dealroadshow.com/e/CARMX193

- CUSIPs -

A1 14315PAA3

A2A 14315PAB1

A2B 14315PAC9

A3 14315PAD7

A4 14315PAE5

B 14315PAF2

C 14315PAG0

D 14315PAH8

 

 

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 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, 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 1-877-649-6848.