0001193125-20-269549.txt : 20201015 0001193125-20-269549.hdr.sgml : 20201015 20201014193751 ACCESSION NUMBER: 0001193125-20-269549 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20201015 DATE AS OF CHANGE: 20201014 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CarMax Auto Owner Trust 2020-4 CENTRAL INDEX KEY: 0001825300 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 856252423 FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-228379-08 FILM NUMBER: 201240061 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 d33529dfwp.htm FWP FWP

Free Writing Prospectus

Dated October 14, 2020

Filed Pursuant to Rule 433(d)

Registration No. 333-228379

Registration No. 333-228379-08

$1.5 billion CarMax Auto Owner Trust (CARMX 2020-4) Prime Auto Loan

Joint Bookrunners: RBC (str), Mizuho, MUFG, Wells Fargo

Co-Managers: Barclays, Credit Suisse, Scotiabank, TD

 

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PRICE

A-1   231.00   0.27   A-1+/F1+   04/21   10/21   iLib   + 1   0.24198     100.00000
A-2   548.00   1.15   AAA/AAA   08/22   01/24   EDSF   + 11   0.320   0.31   99.98873
A-3   485.00   2.62   AAA/AAA   04/24   08/25   iSwp   + 26   0.509   0.50   99.97799
A-4   125.31   3.81   AAA/AAA   10/24   06/26   iSwp   + 33   0.631   0.63   99.99936
B      48.19     3.98   AA/AA   10/24   06/26   iSwp   + 55   0.859   0.85   99.97077
C      38.40     3.98   A/A   10/24   08/26   iSwp   + 100   1.309   1.30   99.97889
D      24.10     3.98   BBB/BBB   10/24   04/27   iSwp   + 145   1.759   1.75   99.99007

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

 

Expected Pricing    : PRICED    Expected Ratings    : S&P/Fitch
Expected Settlement    : 10/21/20    Registration    : SEC Registered
First Payment Date    : 11/16/20    ERISA Eligible    : Yes
RR Compliance    : US-Yes; EU-No    Pricing Speed    : 1.30% ABS to 10% clean-up
BBERG Ticker    : CARMX 2020-4    Min Denoms    : 5k x 1k

-MARKETING MATERIALS-

Preliminary Prospectus: (attached)

Ratings FWP:                (attached)

Intex CDI:                     (attached)

IntexNet Dealname “rbccarx2004”;         Password “XUKX”

DealRoadshow: www.dealroadshow.com; Password “CARMX204”

Cusips:

A-1: 14316H AA0

A-2: 14316H AB8

A-3: 14316H AC6

A-4: 14316H AD4

B:     14316H AE2

C:     14316H AF9

D:     14316H AG7

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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 toll-free 1 866 375-6829.