Ford Credit Auto Owner Trust (FORDO) 2022-C

ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
A-1USD304.7400.25P-1A-1+-----FixedI-Curve37-38373.633%3.633%100.00000
A-2aUSD319.0400.95AaaAAA-----FixedI-Curve59-61554.520%4.567%99.99630
A-2bUSD200.0000.95AaaAAA-----FloatingSOFR56-5852SOFR+52-100.00000
A-3USD519.0402.13AaaAAA-----FixedI-Curve61-63574.48%4.525%99.99422
A-4USD157.1803.28AaaAAA-----FixedI-Curve74-76744.59%4.642%99.97667
BUSD47.3703.48Aa1AA+-----FixedI-Curve125-1301205.03%5.084%99.99707
CUSD31.5703.48A1AA------FixedI-Curve150-1551405.22%5.284%99.97875
Filings
Tranche Comments
A-1: First Pay: 2022-10-17; Registration: Registered; A-2a: First Pay: 2022-10-17; Registration: Registered; A-2b: First Pay: 2022-10-17; Registration: Registered; A-3: First Pay: 2022-10-17; Registration: Registered; A-4: First Pay: 2022-10-17; Registration: Registered; B: First Pay: 2022-10-17; Registration: Registered; C: First Pay: 2022-10-17; Registration: Registered;
Deal Comments
The deal was upsized from US$1.315bn to US$1.578bn. Active Bookrunners: SMB(B&D), BRC, LLY. Passive Bookrunners: MIZ, TDS
Risk Retention
US - Yes; EU - No
Pricing Speed
1.3% ABS to 10% call
Research
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