0001193125-19-269200.txt : 20191017 0001193125-19-269200.hdr.sgml : 20191017 20191017134939 ACCESSION NUMBER: 0001193125-19-269200 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20191017 DATE AS OF CHANGE: 20191017 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CarMax Auto Owner Trust 2019-4 CENTRAL INDEX KEY: 0001788503 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: 333-228379-04 FILM NUMBER: 191154815 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 d796559dfwp.htm FWP FWP

Free Writing Prospectus

Dated October 17, 2019

Filed Pursuant to Rule 433(d)

Registration No. 333-228379

Registration No. 333-228379-04

**PX DETAILS** $1.5bln CarMax (CARMX) 2019-4

Joint Bookrunners: Barclays (str), BofAML, Mizuho, Wells Fargo

Co-Managers: CS, Scotia, SMBC, TD

-Anticipated Capital Structure- -Transaction Details-

 

CLS    $AMT(MM)**    WAL    S&P/FITCH    BNCH    SPREAD Yld%   CPN    PRICE

A1

    296.000    0.31    A-1+/F1+    IntL + 0    1.96795%   1.96795    100.00000

A2A

    468.700    1.26    AAA/AAA    EDSF + 30    2.025%   2.01    99.99195

A2B

    70.000    1.26    AAA/AAA    1mL + 30           1mL + 0.3    100.00000

A3

    473.500    2.81    AAA/AAA    IntS + 43    2.030%   2.02    99.99603

A4

    103.820    3.99    AAA/AAA    IntS + 57    2.140%   2.13    99.99804

B

    33.840    4.06    AA/AA    IntS + 77    2.340%   2.32    99.96646

C

    30.070    4.06    A/A    IntS + 105    2.620%   2.60    99.97767

D

    24.070    4.06    BBB/BBB    IntS + 125    2.820%   2.80    99.98635

Expected Settle : 10/23/19 Registration : SEC-Reg

First Pay Date : 11/15/19 ERISA Eligible : Yes

Expected Ratings : S&P, Fitch Min Denoms : $5k x $1k

Ticker : CARMX 19-4 Bill & Deliver : Barclays

Expected Pricing : PRICED Pricing Speed : 1.3% ABS 10% CALL

-Available Materials-

* Preliminary Prospectus and Ratings FWP: Attached

* Roadshow : www.dealroadshow.com Pwd: CMX194

* IntexNet : bcgcarmax_2019-4_pre-price Pwd: BKJ2

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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.