| Class | CCY | SZE(M) | WAL | MO | SP | FI | DR | KR | C/E | LTV | TYPE | BNCH | GDNC | SPRD | CPN | YLD | PRICE |
|---|
| A-1 | USD | 162.600 | 0.19 | P-1 | - | F1+ | - | - | - | - | Fixed | I-Curve | 20-22 | 18 | 5.584% | 5.584% | 100.00000 |
| A-2A | USD | 210.500 | 1.00 | Aaa | - | AAA | - | - | - | - | Fixed | I-Curve | 60-63 | 52 | 5.54% | 5.605% | 99.99937 |
| A-2B | USD | 175.000 | 1.00 | Aaa | - | AAA | - | - | - | - | Floating | SOFR | 60-63 | 52 | SOFR+52 | - | 100.00000 |
| A-3 | USD | 324.100 | 2.33 | Aaa | - | AAA | - | - | - | - | Fixed | I-Curve | 95-97 | 88 | 5.38% | 5.444% | 99.99289 |
| A-4 | USD | 99.470 | 3.24 | Aaa | - | AAA | - | - | - | - | Fixed | I-Curve | 120a | 110 | 5.38% | 5.450% | 99.97291 |
| B | USD | 28.730 | 3.25 | Aa3 | - | AA | - | - | - | - | Fixed | I-Curve | 165-170 | 155 | 5.82% | 5.899% | 99.97700 |
Tranche Comments
A-1: First Pay: 2024-01-22; Registration: 144A/Reg S;
A-2A: First Pay: 2024-01-22; Registration: 144A/Reg S;
A-2B: First Pay: 2024-01-22; Registration: 144A/Reg S;
A-3: First Pay: 2024-01-22; Registration: 144A/Reg S;
A-4: First Pay: 2024-01-22; Registration: 144A/Reg S;
B: First Pay: 2024-01-22; Registration: 144A/Reg S;
Deal Comments
The deal was upsized from US$750m to US$1bn
Originator(s)
Tesla Finance LLC
Risk Retention
US - Yes; EU - No
Pricing Speed
1.3% ABS to 15% Clean Up Call