Toyota Auto Finance Receivables LLC
07/22/2025 | Press release | Distributed by Public on 07/22/2025 14:57
Free Writing Prospectus (Form FWP)
Free Writing Prospectus
Filed Pursuant to Rule 433
Dated July 22, 2025
Registration Statement Nos. 333-281727 and 333-281727-03
$1.9bn Toyota Auto Receivables 2025-C Owner Trust (TAOT 2025-C) Prime Auto Loan
Joint-leads: RBC (str), CIBC, Credit Ag, Mizuho, and Soc Gen
Co-manager: Commerzbank
CAPITAL STRUCTURE
OFFERED
|
CLS
|
SIZE($MM)
|
SIZE($MM)
|
WAL*
|
M/S**
|
P.WIN
|
E-FIN
|
L-FIN
|
BENCH
|
SPRD
|
YIELD%
|
CPN%
|
PRICE
|
|
A-1
|
431.100
|
409.545
|
0.22
|
P-1/A-1+
|
1-7
|
02/26
|
08/26
|
I-CRV
|
+12
|
4.440
|
4.440
|
100.00000
|
|
A-2a
|
315.800
|
300.010
|
1.06
|
Aaa/AAA
|
7-20
|
03/27
|
06/28
|
I-CRV
|
+30
|
4.331
|
4.29
|
99.99765
|
|
A-2b
|
345.400
|
328.130
|
1.06
|
Aaa/AAA
|
7-20
|
03/27
|
06/28
|
SOFR30A
|
+30
|
100.00000
|
||
|
A-3
|
661.200
|
628.140
|
2.47
|
Aaa/AAA
|
20-43
|
02/29
|
03/30
|
I-CRV
|
+35
|
4.150
|
4.11
|
99.98946
|
|
A-4
|
99.000
|
94.050
|
3.76
|
Aaa/AAA
|
43-47
|
06/29
|
01/31
|
I-CRV
|
+42
|
4.236
|
4.19
|
99.96857
|
|
B
|
47.500
|
**RETAINED**
|
* WAL to call, assuming 1.30% ABS to 5% clean-up call
**Expected Ratings
-TRANSACTION DETAILS-
|
Expected Pricing: PRICED
|
Offered size: $1,759,875,000
|
|
Expected Settlement: 07/30/25
|
Format: SEC Registered
|
|
First Payment Date: 08/15/25
|
ERISA Eligible: Yes
|
|
Expected Ratings: Moody's/S&P
|
Risk Retention: US - Yes; EU - No; UK - No
|
|
Bloomberg Ticker: TAOT 2025-C
|
Pricing Speed: 1.30% ABS to 5% Clean-Up Call
|
|
BBERG SSAP: TAOT2025C
|
Min Denoms: $1k x $1k
|
Bill & Deliver: RBC
-MARKETING MATERIALS-
Preliminary Prospectus, FWP, Intex CDI (attached)
Intex Dealname: RBCTOYOT25C; Password: 6Y9B
Cusip Numbers:
|
Class
|
Cusip
|
|
A-1
|
89238V AA6
|
|
A-2a
|
89238V AB4
|
|
A-2b
|
89238V AC2
|
|
A-3
|
89238V AD0
|
|
A-4
|
89238V AE8
|
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, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1 866 375-6829.
Toyota Auto Finance Receivables LLC published this content on July 22, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on July 22, 2025 at 20:57 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