CNH Capital Receivables LLC
07/10/2025 | Press release | Distributed by Public on 07/10/2025 08:20
Free Writing Prospectus (Form FWP)
Filed Pursuant to Rule 433
Registration No. 333-262954
Free Writing Prospectus dated July 10, 2025
CNH Equipment Trust 2025-B
Issuing Entity
CNH Capital Receivables LLC
Depositor
| CNH Industrial Capital America LLC | New Holland Credit Company, LLC |
| Sponsor and Originator | Servicer |
The depositor has prepared a prospectus dated July , 2025 (subject to completion, dated July 10, 2025) which describes the notes to be issued by the issuing entity. You should review the prospectus in its entirety before deciding to purchase any of the notes.
Ratings
The depositor expects that the notes issued by the issuing entity will receive the indicated ratings from the nationally recognized statistical rating organizations, or "rating agencies," listed below.
| S&P | Fitch | |
| Class A-1 | A-1+ (sf) | F1+ sf |
| Class A-2a | AAA (sf) | AAA sf |
| Class A-2b | AAA (sf) | AAA sf |
| Class A-3 | AAA (sf) | AAA sf |
| Class A-4 | AAA (sf) | AAA sf |
It is a condition to the issuance of the notes that each class of the Class A notes receive the ratings listed above.
| Joint Bookrunners of the Class A Notes | |||
|
Wells Fargo Securities |
Citigroup |
Rabo Securities |
SOCIETE GENERALE |
| Co-Managers of the Class A Notes | |||
|
BMO Capital Markets |
SMBC Nikko |
||
THE DEPOSITOR 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 DEPOSITOR HAS FILED WITH THE SEC FOR MORE COMPLETE INFORMATION ABOUT THE DEPOSITOR, THE ISSUING ENTITY, AND THIS OFFERING. YOU MAY GET THESE DOCUMENTS FOR FREE BY VISITING EDGAR ON THE SEC WEB SITE AT WWW.SEC.GOV. ALTERNATIVELY, THE DEPOSITOR, ANY UNDERWRITER OR ANY DEALER PARTICIPATING IN THIS OFFERING WILL ARRANGE TO SEND YOU THE PROSPECTUS IF YOU REQUEST IT BY CALLING TOLL-FREE 1-800-645-3751.
CNH Capital Receivables LLC published this content on July 10, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on July 10, 2025 at 14:21 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at support@pubt.io