0000929638-23-001370.txt : 20230510 0000929638-23-001370.hdr.sgml : 20230510 20230509175944 ACCESSION NUMBER: 0000929638-23-001370 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20230510 DATE AS OF CHANGE: 20230509 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Exeter Automobile Receivables Trust 2023-2 CENTRAL INDEX KEY: 0001975195 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: 333-268757-02 FILM NUMBER: 23903630 BUSINESS ADDRESS: STREET 1: 2101 W. JOHN CARPENTER FREEWAY CITY: IRVING STATE: TX ZIP: 75063 BUSINESS PHONE: (214) 572-8276 MAIL ADDRESS: STREET 1: 2101 W. JOHN CARPENTER FREEWAY CITY: IRVING STATE: TX ZIP: 75063 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: EFCAR, LLC CENTRAL INDEX KEY: 0001654238 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 453969432 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 2101 W. JOHN CARPENTER FREEWAY CITY: IRVING STATE: TX ZIP: 75063 BUSINESS PHONE: (214) 572-8276 MAIL ADDRESS: STREET 1: 2101 W. JOHN CARPENTER FREEWAY CITY: IRVING STATE: TX ZIP: 75063 FWP 1 eart2023-2_fwp.htm FREE WRITING PROSPECTUS
Free Writing Prospectus
Filed Pursuant to Rule 433
Dated May 9, 2023
Registration Statement Nos. 333-268757 and 333-268757-02

**Pricing Details** Exeter Automobile Receivables Trust (EART) 2023-2

Jt-Bookrunners: Deutsche Bank (str); BNP; Wells Fargo
Co-Managers : Barclays; J.P. Morgan; Mizuho

CL
SIZE($MM)
OFFRD($MM)
WAL
S/F
P.WIN
E MTY.
L MTY.
BNCH
SPRD
YLD(%)
CPN(%)
PX
A1
53.700
51.015
0.12
A-1+/F1+
1-3
08/23
05/15/24
I-CRV
+ 33
5.592
5.59200
100.00000
A2
150.000
142.500
0.52
AAA/AAA
3-11
04/24
11/17/25
I-CRV
+ 80
5.945
5.87
99.99871
A3
59.741
56.753
1.15
AAA/AAA
11-16
09/24
08/17/26
I-CRV
+ 97
5.670
5.60
99.99546
B
109.256
103.793
1.79
AA/AA
16-27
08/25
09/15/27
I-CRV
+ 150
5.678
5.61
99.99671
C
91.218
86.657
2.62
A/A
27-37
06/26
07/17/28
I-CRV
+ 200
5.826
5.75
99.98424
D
95.982
91.182
3.55
BBB/BBB
37-49
06/27
08/15/29
I-CRV
+ 275
6.410
6.32
99.98096
E
62.967
59.818
4.49
BB/BB
49-56
01/28
11/15/30
I-CRV
+ 640
9.955
9.75
99.98351

- TRANSACTION SUMMARY -
• Size : $622+mm ($591.718mm offered) *Deal Will Not Grow*
• Exp Ratings : S&P/Fitch
• Exp Settle : 05/17/2023
• Exp Pricing : *Priced*
• First Pay : 06/15/2023
• B&D : Deutsche Bank
• ERISA : A-D = YES; E = NO
• Registration : A-D SEC Reg; E 144A/Reg S/IAI
• Pricing Speed : 1.50% ABS to 5% call
• Min Denoms : A-D = 1k x 1k; E = 840k x 1k

-Available Information-
• Preliminary Prospectus, Ratings FWP, Offering Memorandum and CDI File (attached)
• Intex Deal Name : dbEART2302 | Password: 4Y7J
• Investor Presentation : www.dealroadshow.com Passcode: EART232

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The issuer has filed a registration statement (including a prospectus) with the SEC for the new 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 1-800-503-4611.