0001104659-22-032061.txt : 20220309 0001104659-22-032061.hdr.sgml : 20220309 20220309165713 ACCESSION NUMBER: 0001104659-22-032061 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20220309 DATE AS OF CHANGE: 20220309 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Hyundai Auto Receivables Trust 2022-A CENTRAL INDEX KEY: 0001913196 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-261719-01 FILM NUMBER: 22726084 BUSINESS ADDRESS: STREET 1: 3161 MICHELSON DRIVE STREET 2: SUITE 1900 CITY: IRVINE STATE: CA ZIP: 92612 BUSINESS PHONE: 949-732-2697 MAIL ADDRESS: STREET 1: 3161 MICHELSON DRIVE STREET 2: SUITE 1900 CITY: IRVINE STATE: CA ZIP: 92612 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HYUNDAI ABS FUNDING LLC CENTRAL INDEX KEY: 0001260125 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 330978455 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 3161 MICHELSON DRIVE STREET 2: SUITE 1900 CITY: IRVINE STATE: CA ZIP: 92612 BUSINESS PHONE: 949-732-2697 MAIL ADDRESS: STREET 1: 3161 MICHELSON DRIVE STREET 2: SUITE 1900 CITY: IRVINE STATE: CA ZIP: 92612 FORMER COMPANY: FORMER CONFORMED NAME: HYUNDAI ABS FUNDING CORP DATE OF NAME CHANGE: 20030815 FWP 1 tm227767d7_fwp.htm FWP

 

Filed Pursuant to Rule 433

Registration Nos. 333-261719 & 333-261719-01

 

$1.32+bln Hyundai Auto Receivables Trust 2022-A (HART 2022-A)

JT-Leads: BofA (struc), BNP, Mizuho, Santander and SMBC

Co-Mgrs: USB, WF

 

Total Offered

 

Cls  SZ($mm)   SZ($mm)   WAL   S&P/F  PWin   Exp  Legal  Bench  Yield   Price   Cpn 
A-1   284.40    270.180    0.22   A-1+/F1+   1-6   9/22  3/15/23  IntL + 5   0.72421    100.00000      
A-2A   424.00    402.800    1.02   AAA/AAA   6-20   11/23  2/18/25  EDSF + 35   1.823    99.99381    1.81 
A-2B   95.00    90.250    1.02   AAA/AAA   6-20   11/23  2/18/25  SOFR + 63       100.00000      
A-3   484.20    459.990    2.34   AAA/AAA   20-39   6/25  10/15/26  ISWP + 35   2.232    99.99615    2.22 
A-4   106.20    100.890    3.47   AAA/AAA   39-45   12/25  4/17/28  ISWP + 43   2.370    99.97208    2.35 
B   27.10         3.88   AA+/AA+             Retained           
C   45.10         4.07   AA-/A+             Retained           

 

A-2B benchmark is SOFR30A

SOFR Equivalent Spread will be calculated using an interpolation between LIBOR/SOFR 1yr/2yr basis (USSRVL1 & USSRVL2) + final A-2A spread

 

Bill & Deliver : BofA BBG TICKER : HART 2022-A SSAP: HRT22

Exp Ratings : S&P/Fitch FORMAT : SEC Registered

Exp Settle : 03/16/22 FIRST PAY : 4/15/22

Denoms : $1k x $1K PXG SPEED : 1.3% ABS to 5% call

ERISA Eligible : Yes

CUSIPS A-1 : 448977AA6

A-2A : 448977AB4

A-2B : 448977AC2

A-3 : 448977AD0

A-4 : 448977AE8

 

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 1-800-294-1322 or you may e-mail a request to prospectus_request@bofa.com. The securities may not be suitable for all investors. BofA Securities, Inc. and its affiliates may acquire, hold or sell positions in these securities, or in related derivatives, and may have an investment or commercial banking relationship with the issuer.

 

 

 

IMPORTANT NOTICE RELATING TO AUTOMATICALLY-GENERATED EMAIL DISCLAIMERS

 

ANY LEGENDS, DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR AT THE BOTTOM OF ANY EMAIL COMMUNICATION TO WHICH THIS COMMUNICATION IS ATTACHED RELATING TO (1) THESE MATERIALS NOT CONSTITUTING AN OFFER (OR A SOLICITATION OF AN OFFER), (2) NO REPRESENTATION THAT THESE MATERIALS ARE ACCURATE OR COMPLETE AND MAY NOT BE UPDATED OR (3) THESE MATERIALS POSSIBLY BEING CONFIDENTIAL, ARE NOT APPLICABLE TO THIS OFFERING AND SHOULD BE DISREGARDED. SUCH LEGENDS, DISCLAIMERS OR OTHER NOTICES HAVE BEEN AUTOMATICALLY GENERATED AS A RESULT OF THESE MATERIALS HAVING BEEN SENT VIA BLOOMBERG OR ANOTHER SYSTEM.