Filed Pursuant to Rule 433
Registration Nos. 333-261719 & 333-261719-08
$1.7+bn Hyundai Auto Receivables Trust 2024-B (HART 2024-B)
Joint Lead Bookrunners: Citi (str.), RBC Capital Markets, SMBC Nikko, SG Americas Securities and TD Securities
Co-Managers: HSBC and US Bank
Anticipated Capital Structure:
| CL | | SIZE(MM) | | | WAL** | | S/F | | P.WIN | | E. Final | | L. Final | | BENCH SPRD | | YLD% | | CPN% | | $PRICE | |
| A-1 | | $ | 313.000 | | | 0.20 | | A-1+/F1+ | | 1-5 | | 12/16/2024 | | 08/15/2025 | | I-Curve + 12 | | 5.472 | | 5.472 | | 100.00000 | |
| A-2-A | | $ | 500.000 | | | 1.01 | | AAA/AAA | | 5-20 | | 03/16/2026 | | 06/15/2027 | | I-Curve + 37 | | 5.210 | | 5.15 | | 99.99596 | |
| A-2-B | | $ | 160.000 | | | 1.01 | | AAA/AAA | | 5-20 | | 03/16/2026 | | 06/15/2027 | | SOFR30A + 37 | | | | | | 100.00000 | |
| A-3 | | $ | 615.000 | | | 2.39 | | AAA/AAA | | 20-40 | | 11/15/2027 | | 03/15/2029 | | I-Curve + 55 | | 4.896 | | 4.84 | | 99.98491 | |
| A-4 | | $ | 81.930 | | | 3.51 | | AAA/AAA | | 40-45 | | 04/15/2028 | | 09/16/2030 | | I-Curve + 61 | | 4.791 | | 4.74 | | 99.98767 | |
| B | | $ | 32.430 | | | 3.81 | | AA+/AA+ | | 45-47 | | 06/15/2028 | | 09/16/2030 | | I-Curve + 94 | | 5.103 | | 5.04 | | 99.96706 | |
| C | | $ | 54.040 | | | 3.97 | | AA/A+ | | 47-48 | | 07/17/2028 | | 10/15/2031 | | I-Curve + 120 | | 5.353 | | 5.29 | | 99.98498 | |
** WAL to 1.3% ABS, 5% clean-up call
-Deal Summary-
Deal Size : $1,756,400,000
Exp. Pricing : Priced
Exp. Settle : July 24th, 2024
Offering Format : SEC Registered
First Pay Date : August 15th, 2024
ERISA : Yes
Exp. Ratings : S&P/Fitch
Min Denoms : $1K x $1K
BBG Ticker : HART 2024-B
B&D : Citi
Delivery : DTC, Clearstream
-Available Information-
* Preliminary Prospectus, FWP and CDI File (attached)
* Intex: Deal Name: XHYAR24B Password: JUBJ
* Deal Roadshow Link: https://dealroadshow.com/e/HART24B Password(Case Sensitive): HART24B
CUSIPs
A-1 44934QAA9
A-2A 44934QAB7
A-2B 44934QAC5
A-3 44934QAD3
A-4 44934QAE1
B 44934QAF8
C 44934QAG6
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.
