*Full Pricing* $631.579mm ($600.000mm Offered) HDMOT 2024-B
Joint Lead Bookrunners: Citi (str.), Mizuho and MUFG
Co-Managers: Academy, BBVA, BMO, BofA and PNC
Capital Structure:
CL Size(MM) Offered(MM) WAL* M/F** P.WIN E.MTY L. MTY BENCH SPREAD YLD CPN% PRICE
=========================================================================================================
A-1 $112.000 $106.400 0.26 P-1/F1+ 1-6 03/15/2025 10/15/2025 I-Curve +13 4.979% 4.979% 100.00000
A-2 $200.000 $190.000 0.99 Aaa/AAA 6-18 03/16/2026 08/16/2027 I-Curve +68 4.665% 4.62% 99.99988
A-3 $249.000 $236.550 2.30 Aaa/AAA 18-40 01/17/2028 07/16/2029 I-Curve +80 4.349% 4.31% 99.99990
A-4 $70.579 $67.050 3.55 Aaa/AAA 40-44 05/15/2028 04/15/2032 I-Curve +87 4.322% 4.28% 99.98834
==========================================================================================================
*Assumes a 1.40% ABS to a 10% Clean Up Call
**Expected ratings
*NO GROW*
Deal Priced
-Deal Summary-
Deal Size : $600.000mm Offered *NO GROW*
Settle : September 25th, 2024
Offering Format : SEC
First Pay Date : October 15th, 2024
ERISA : Yes
Exp. Ratings : Moody's / Fitch
Min Denoms : $1K x $1K
BBG Ticker : HDMOT 2024-B
B&D : Citi
Delivery : DTC, Clearstream
-Available Information-
* Preliminary Prospectus, Ratings FWP and CDI File (attached)
* Intex Deal Name: XHDMT24B Password: JYVY
* Deal Roadshow Link: https://dealroadshow.com/e/HDMOT2024 Passcode: HDMOT2024
-CUSIPs-
A-1 41284PAA3
A-2 41284PAB1
A-3 41284PAC9
A-4 41284PAD7
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 Website 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 1-800-831-9146. Any legends, disclaimers or notices that appear below are not applicable to this message and should be disregarded. Such text has been automatically generated via bloomberg or another system.
