Free Writing Prospectus
Dated September 14, 2021
Filed Pursuant to Rule 433(d)
Registration No. 333-228379
Registration No. 333-228379-12
**PX DETAILS** $1.40BN CarMax (CARMX 2021-4) Prime Loan
Joint Leads: Barclays (str), RBC, SMBC, Wells Fargo
Co-Managers: CIBC, Mizuho, Scotia, TD
-ANTICIPATED CAPITAL STRUCTURE-
| CLS | TOTAL(mm) | WAL* | Moody’s/S&P | PWIN | E.FNL | L.FNL | BENCH | SPRD | YLD% | CPN | PRICE | |||||||||||
A-1 | 208.170 | 0.26 | P-1/A1+ | 1-6 | 3/22 | 9/22 | Int.L | -1 | 0.10920% | 0.10920% | 100 | |||||||||||
A-2A | 443.680 | 1.13 | Aaa/AAA | 6-22 | 7/23 | 11/24 | EDSF | +7 | 0.241% | 0.24% | 99.99901 | |||||||||||
A-2B | 50.000 | 1.13 | Aaa/AAA | 6-22 | 7/23 | 11/24 | 1mL | +7 | L+0.07% | 100 | ||||||||||||
A-3 | 493.680 | 2.66 | Aaa/AAA | 22-44 | 5/25 | 9/26 | IntS | +10 | 0.565% | 0.56% | 99.98858 | |||||||||||
A-4 | 130.080 | 3.95 | Aaa/AAA | 44-49 | 10/25 | 4/27 | IntS | +10 | 0.826% | 0.82% | 99.98221 | |||||||||||
B | 23.860 | 4.06 | Aa2/AA+ | 49-49 | 10/25 | 5/27 | IntS | +30 | 1.044% | 1.04% | 99.99310 | |||||||||||
C | 32.980 | 4.06 | A2/A+ | 49-49 | 10/25 | 7/27 | IntS | +65 | 1.394% | 1.38% | 99.96065 | |||||||||||
D | 17.550 | 4.06 | Baa1/BBB+ | 49-49 | 10/25 | 3/28 | IntS | +75 | 1.494% | 1.48% | 99.96308 | |||||||||||
* Pricing Speed: 1.3 ABS to 10% Clean-Up Call
-TRANSACTION DETAILS-
* Offered Size : $1.40bn
* Registration : SEC REG
* ERISA Eligible : Yes
* RR Compliance: US – Yes, EU – No
* Min Denoms: $5k x $1k
* Expected Ratings : Moody’s / S&P
* Bloomberg Ticker : CARMX 2021-4
* Expected Pricing : PRICED
* Expected Settlement: 9/22/2021
-MARKETING MATERIALS-
Preliminary Prospectus & CDI File: Attached **updated CDI attached**
IntexNet: Dealname: bcgcarmax_21-4 | Password: XJK4
DealRoadshow : https://dealroadshow.com| Password: CARMX20214
the issuer has filed a registration statement (including a prospectus) with the u.s. Securities and exchange commission (sec) for this offering. Before you invest, you should read the prospectus for this offering in that registration statement, and other documents that 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 searching the sec online database (edgar) at www.sec.gov. Alternatively, you may obtain a copy of the prospectus from Barclays capital inc. By calling 1-888-603-5847.
