Filed Pursuant to Rule 433
Registration Nos. 333-228364-05
**PXG DETAILS** $1.0+bln Santander Drive Auto Receivables Trust 2019-3
Joint Leads: J.P. Morgan (struc), RBC, Wells Fargo
Co-Managers: MUFG, TD, Santander
CL | $AMT(MM) | WAL | MDY/S&P | E.FIN | L.FIN | SPREAD | YLD% | CPN% | $PX | |||||||||||||||
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A-1 | 194.00 | 0.21 | P-1/A-1+ | 01/20 | 08/20 | IntL+4 | 2.20845 | 2.20845 | 100.00000 | |||||||||||||||
A-2-A | 160.00 | 0.70 | Aaa/AAA | 09/20 | 02/22 | EDSF+33 | 2.299 | 2.28 | 99.99447 | |||||||||||||||
A-2-B | 100.00 | 0.70 | Aaa/AAA | 09/20 | 02/22 | 1mL +33 | 100.00000 | |||||||||||||||||
A-3 | 111.91 | 1.32 | Aaa/AAA | 03/21 | 11/22 | EDSF+41 | 2.178 | 2.16 | 99.98936 | |||||||||||||||
B | 133.29 | 1.82 | Aa1/AA | 10/21 | 09/23 | EDSF+62 | 2.291 | 2.28 | 99.99978 | |||||||||||||||
C | 181.22 | 2.57 | Aa2/A- | 09/22 | 10/25 | IntS+90 | 2.504 | 2.49 | 99.99746 | |||||||||||||||
D | 119.84 | 3.45 | Baa1/BBB- | 07/23 | 10/25 | IntS+115 | 2.696 | 2.68 | 99.99681 | |||||||||||||||
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Expected Settle: | 08/21/19 | Registration: | SEC Registered | |||||||||
First Pay Date: | 09/16/19 | ERISA: | Yes | |||||||||
Expected Ratings: | Moody’s, S&P | Pxing Speed: | 1.5 ABS to 10% Call | |||||||||
Ticker: | SDART2019-3 | Min Denoms: | $1k x $1k | |||||||||
Expected Pricing: | Priced | Bill & Deliver: | J.P. Morgan | |||||||||
ABS-15G Filing: | Fri, 08/02 |
CUSIPs:
A-1 80286HAA7
A-2-A 80286HAB5
A-2-B 80286HAC3
A-3 80286HAD1
B 80286HAE9
C 80286HAF6
D 80286HAG4
Available Information:
* Preliminary Prospectus: Attached
* Ratings FWP: Attached
* IntexNet/CDI: Separate Message
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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 800-408-1016 or by emailing the ABS Syndicate Desk atabs_synd@jpmorgan.com.