08/06/2025 | Press release | Distributed by Public on 08/06/2025 04:05
| Free Writing Prospectus | |
| Filed Pursuant to Rule 433 | |
| Registration Statement Nos. 333-283544-02 and 333-283544 |
*Full PX Details* $2.30BN Honda Auto Receivables 2025-3 Owner Trust (HAROT 2025-3)
Joint Bookrunners: Barclays (str), Citi, MUFG, and Soc Gen
Co-Managers: BofA, CastleOak, Penserra, Ramirez, Stern Brothers, US Bancorp
TOE: 3:30 PM ET
CAPITAL STRUCTURE
| CLS | TOT($mm) | OFF($mm) | WAL | M/S* | P.WIN | E.FIN | L.FIN | BENCH | SPREAD | YLD(%) | CPN(%) | PX(%) |
| A-1 | 621.000 | 589.950 | 0.30 | P-1/A-1+ | 1-7 | 03/26 | 08/26 | I-CURV | +12 | 4.362% | 4.362% | 100.00000% |
| A-2A | 550.020 | 522.519 | 1.08 | Aaa/AAA | 7-19 | 03/27 | 03/28 | I-CURV | +35 | 4.234% | 4.19% | 99.99224% |
| A-2B | 289.500 | 275.025 | 1.08 | Aaa/AAA | 7-19 | 03/27 | 03/28 | SOFR30A | +35 | 100.00000% | ||
| A-3 | 839.520 | 797.544 | 2.37 | Aaa/AAA | 19-38 | 10/28 | 02/30 | I-CURV | +37 | 4.075% | 4.04% | 99.99791% |
| A-4 | 121.030 | 114.962 | 3.19 | Aaa/AAA | 38-38 | 10/28 | 11/31 | I-CURV | +45 | 4.141% | 4.10% | 99.98269% |
* Expected Ratings
-TRANSACTION DETAILS-
BBG Ticker : HAROT 2025-3
Offered Size : $2.30BN
Format : SEC Registered
Exp. Ratings : Moody's / S&P
ERISA : Yes
Risk Retention : US RR = Yes, EU RR = No
Min Denoms : $1k x $1k
Pxing Speed : 1.30% ABS to 10% Call
Expected Pricing : Week of Aug 4th
Expected Settle : 8/12/2025
First Pay Date : 9/22/2025
B&D : BARC
-ATTACHMENTS-
Preliminary Prospectus, FWP
Intex Deal Name : bcgharot_2025-3-max
Intex Passcode : BU79
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.