Ford Credit Auto Receivables Two LLC
09/24/2026 | Press release | Distributed by Public on 09/24/2026 13:54
Free Writing Prospectus (Form FWP)
Free Writing Prospectus
Filed Pursuant to Rule 433
Dated September 22, 2026
Registration Statement Nos. 333-281130 and
333-281130-06
*PRICING DETAILS* $1.547Bn+ (Offered) Ford Credit Auto Owner Trust (FORDO 2026-C) Prime Auto Loan ABS
Active Leads: BNP Paribas (Str.), Lloyds Securities, RBC Capital Markets
Passive Leads: BofA, Credit Agricole
Active Co-Managers: Mischler Financial, CastleOak Securities
Passive Co-Managers: ING, U.S Bank
--- ANTICIPATED CAPITAL STRUCTURE ---
|
CLS |
AMT ($MM) |
WAL* |
M/S** |
P.WIN* |
E.FNL* |
L.FNL |
BENCH |
SPRD |
YLD (%) |
CPN (%) |
$PX |
| A-1 | 352.800 | 0.28 | P-1/A-1+ | 01-07 | 04/27 | 10/27 | I-CRV | +14 | 4.269 | 4.269 | 100.00000 |
| A-2-A | 386.600 | 1.05 | Aaa/AAA | 07-20 | 05/28 | 07/29 | I-CRV | +33 | 4.768 | 4.72 | 99.99885 |
| A-2-B | 145.000 | 1.05 | Aaa/AAA | 07-20 | 05/28 | 07/29 | SOFR30A | +33 | 100.00000 | ||
| A-3 | 531.600 | 2.34 | Aaa/AAA | 20-40 | 01/30 | 04/31 | I-CRV | +37 | 5.143 | 5.08 | 99.98102 |
| A-4 | 84.000 | 3.42 | Aaa/AAA | 40-42 | 03/30 | 04/33 | I-CRV | +41 | 5.231 | 5.17 | 99.98493 |
| B | 47.370 | 3.46 | Aa3/AA | 42-42 | 03/30 | 04/33 | I-CRV | +52 | 5.342 | 5.28 | 99.98918 |
| C | 31.570 | 3.46 | NR/NR | 42-42 | 03/30 | 03/34 | «Not Offered» | ||||
* Assumes a 1.30% ABS prepayment assumption priced to a 10% Clean Up Call
** Minimum ratings (Moody's / S&P)
--- Transaction Details ---
| * Offered Size | : $1,547,370,000 |
| * Bloomberg Ticker | : FORDO 2026-C |
| * Expected Ratings | : Moody's / S&P |
| * Format | : SEC Registered |
| * Pricing Speed | : 1.30% ABS to 10% Clean Up Call |
| * Min. Denoms | : $1k x $1k |
| * RR Compliant | : US - YES EU - NO UK - NO |
| * Expected Pricing | : PRICED |
| * Expected Settlement | : 09/28/26 |
| * First Pay Date | : 10/15/26 |
| * ERISA | : Yes |
| * Bill & Deliver | : BNP Paribas |
| --- Available Materials --- | ||||
| * Preliminary Prospectus, Rating FWP, CDI (attached) | ||||
| * Intexnet Dealname | : bpfordo26c_mkt_upsize; | Password | : 72XV | |
| --- FORDO 2026-C CUSIPs/ISNs --- | ||||
| Class A-1 | : 34536E AA9 / US34536EAA91 | |||
| Class A-2-A | : 34536E AB7 / US34536EAB74 | |||
| Class A-2-B | : 34536E AC5 / US34536EAC57 | |||
| Class A-3 | : 34536E AD3 / US34536EAD31 | |||
| Class A-4 | : 34536E AE1 / US34536EAE14 | |||
| Class B | : 34536E AF8 / US34536EAF88 | |||
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 web site at www.sec.gov. Alternatively, BNP Paribas Securities Corp. can arrange to send you the prospectus if you request it by calling toll free 1-800-854-5674.
Ford Credit Auto Receivables Two LLC published this content on September 24, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on September 24, 2026 at 19:54 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]