0001104659-22-079573.txt : 20220713 0001104659-22-079573.hdr.sgml : 20220713 20220713165918 ACCESSION NUMBER: 0001104659-22-079573 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20220713 DATE AS OF CHANGE: 20220713 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: John Deere Owner Trust 2022-B CENTRAL INDEX KEY: 0001934741 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: NV FISCAL YEAR END: 1030 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-264978-01 FILM NUMBER: 221081505 BUSINESS ADDRESS: STREET 1: 10587 DOUBLE R BOULEVARD STREET 2: SUITE 100 CITY: RENO STATE: NV ZIP: 89521 BUSINESS PHONE: 775-786-5527 MAIL ADDRESS: STREET 1: 10587 DOUBLE R BOULEVARD STREET 2: SUITE 100 CITY: RENO STATE: NV ZIP: 89521 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: John Deere Receivables LLC CENTRAL INDEX KEY: 0001762590 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 384090077 STATE OF INCORPORATION: NV FISCAL YEAR END: 1030 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 10587 DOUBLE R BOULEVARD STREET 2: SUITE 100 CITY: RENO STATE: NV ZIP: 89521 BUSINESS PHONE: 775-786-5527 MAIL ADDRESS: STREET 1: 10587 DOUBLE R BOULEVARD STREET 2: SUITE 100 CITY: RENO STATE: NV ZIP: 89521 FWP 1 tm2219527d10_fwp.htm FWP

 

Filed pursuant to Rule 433(d)

Registration Nos. 333-264978 and 333-264978-01

 

FINAL TERM SHEET, dated July 12, 2022

 

$1,221,166,000

 

John Deere Owner Trust 2022-B

Issuing Entity 

 

$ 313,000,000 Class A-1 2.876% Asset Backed Notes
$ 411,000,000 Class A-2 3.73% Asset Backed Notes
$ 411,000,000 Class A-3 3.74% Asset Backed Notes
$ 86,166,000 Class A-4 3.80% Asset Backed Notes

 

 

John Deere Receivables LLC, Seller and Depositor
John Deere Capital Corporation, Sponsor and Servicer

 

 

  Class A-1
Notes(1) 		   Class A-2
Notes(1) 		   Class A-3
Notes(1) 		   Class A-4
Notes(1) 
Principal
Amount		 $313,000,000   $411,000,000   $411,000,000   $86,166,000
Per Annum
Interest
Rate		 2.876%   3.73%   3.74%   3.80%
Final
Scheduled
Payment
Date		 July 17, 2023   June 16, 2025   February 16, 2027   May 15, 2029
Initial Public
Offering
Price 		100.00000%   99.98941%   99.99045%   99.97369%

Ratings

 

(Moody’s/Fitch)

 P-1/F1+   Aaa/AAA   Aaa/AAA   Aaa/AAA
Payment Date Monthly, beginning September 15, 2022 (subject to the business day convention)   Monthly, beginning September 15, 2022 (subject to the business day convention)   Monthly, beginning September 15, 2022 (subject to the business day convention)   Monthly, beginning September 15, 2022 (subject to the business day convention)
Weighted
Average
Life(2) 		0.36   1.15   2.52   3.57
CUSIP 47800A AA8   47800A AB6   47800A AC4   47800A AD2

 

  (1) Subject to the considerations set forth in the preliminary prospectus, the Notes are generally eligible for purchase by or on behalf of employee benefit plans subject to the Employee Retirement Income Security Act of 1974, as amended, and other similar retirement plans and arrangements that are subject to Section 4975 of the Internal Revenue Code of 1986, as amended.
  (2) Pricing speed: 16% CPR (with a 10% clean-up call).

 

 

 

 

Trade Date:  July 12, 2022
Expected Settlement Date:  July 20, 2022
Initial Note Value:  $1,252,478,739.82 (discount rate: 7.25%)
Initial Overcollateralization Amount:  $31,312,740
Initial Reserve Account Deposit:  $12,524,787
Specified Reserve Account Balance:  $12,524,787

 

 

 

 

RBC Capital Markets Barclays MUFG Securities TD Securities

 

Citigroup   Credit Agricole Securities

 

 

 

The Depositor 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 Depositor has filed with the SEC for more complete information about the Depositor, the issuing entity, and this offering. You may get these documents for free by visiting EDGAR on the SEC Website at www.sec.gov. Alternatively, the Depositor, 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.

 

This free writing prospectus does not contain all information that is required to be included in the prospectus.

 

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