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Santander Drive Auto Receivables Trust 2018-2

Filed: 10 Apr 18, 8:00pm

Filed Pursuant to Rule 433

Registration No. 333-206684-08

« PRICING DETAILS« $1bln+ SDART2018-2 (Subprime Auto)

**PXG DETAILS**  $1bln+ Santander Drive Auto Receivables Trust (SDART)  2018-2

Joint Leads: J.P. Morgan (struc), BNP Paribas, Citi

Co-Managers: Bank of Montreal, Deutsche Bank, SIS

 

CL

   AMT($MM)  WAL  MDY/F   E.FINAL   L.FINAL   SPREAD  YLD%  CPN%  $PX 

A-1

   210.00  0.20  P-1/F1+   09/15/18    04/05/19     2.350   2.35   100.00000 

A-2-A

   175.00 0.68  Aaa/AAA   05/15/19   10/15/20   EDSF+25   2.604  2.58  99.99326 

A-2-B

   75.00 0.68  Aaa/AAA   05/15/19    10/15/20    1ML +25     100.00000 

A-3

   126.63 1.34  Aaa/AAA   12/15/19   09/15/21    EDSF+28   2.774  2.75  99.98939 

B

   166.60 2.02  Aa1/AA-   09/15/20   09/15/22    IntS+45   3.057  3.03  99.98495 

C

   151.73 2.88  Aa3/A-   08/15/21    07/17/23   IntS+70   3.375  3.35  99.99590 

D

   106.50 3.72  Baa2/BBB   04/15/22    02/15/24   IntS+120   3.916  3.88  99.98474 

E

   83.30 3.99  NR/BB-   04/15/22    09/15/25   *RETAINED            

 

Expected Settle: 04/18/18  Registration: A-1 - D: SEC Registered
First Pay Date: 05/15/18                                      E:  144a
Expected Ratings : Moody’s, Fitch  ERISA Eligible: A-1 - D Only
Ticker: SDART 2018-2  Min Denoms: A-1 - D: $1k x $1k
Bill & Deliver: J.P. Morgan                                         E: $2,100k x $1k
Expected Pricing: Priced  Pxing Speed: 1.5% ABS to 10% Call

 

CUSIPs  A-1: 80285FAA2    Available Information:
  A-2-A: 80285FAB0    * Preliminary Prospectus (attached)
  A-2-B: 80285FAC8    * Ratings FWP (attached)
  A-3: 80285FAD6    DealRoadshow.com: SDART20182
  B: 80285FAE4    * IntexNet/CDI (via separate message)
  C: 80285FAF1    
  D: 80285FAG9    
  E: 80285FAH7    
                             

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 atwww.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 1-800-408-1016 or by emailing the ABS Syndicate Desk atabs_synd@jpmorgan.com.