| Class | Size ($MM) | % of Pool | Enhancement | WAL | Coupon | Spread | Legal Final |
|---|---|---|---|---|---|---|---|
| Class A-1 | 112.0 | 16.9% | 5.00% | 0.26 | 4.98% | +13 I-curve | 2025-10-15 |
| Class A-2 | 200.0 | 30.2% | 5.00% | 0.99 | 4.62% | +68 I-curve | 2027-08-16 |
| Class A-3 | 249.0 | 37.6% | 5.00% | 2.30 | 4.31% | +80 I-curve | 2029-07-16 |
| Class A-4 | 70.6 | 10.6% | 5.00% | 3.55 | 4.28% | +87 I-curve | 2032-04-15 |
Enhancement: subordinate notes, overcollateralization and reserve beneath the class, as a share of the pool net of any yield supplement (the adjusted pool, as the issuers and rating agencies measure it); the Class A notes share losses pari passu, so each carries the same figure. Spread: basis points over the benchmark named beside it, from the pricing term sheet — the interpolated curve for fixed-rate classes, 30-day average SOFR for floaters; the two are not comparable. A class marked retained was kept by the depositor, as the prospectus states.
| Sponsor | Harley-Davidson Credit Corp. |
|---|---|
| Servicer | Harley-Davidson Credit Corp. |
| Depositor / Transferor | Harley-Davidson Customer Funding Corp. |
| Indenture Trustee | to the indenture trustee |
| Owner Trustee | Wilmington Trust, National Association |
| Asset Rep. Reviewer | to the asset representations reviewer |
| Underwriters | Academy Securities, BMO Capital Markets, BofA Securities, Citigroup Global Markets, Mizuho Securities, MUFG Securities Americas |
| HDMT 2024-B | HDMT 2024-A | HDMT 2023-B | HDMT 2023-A | HDMT 2022-A | HDMT 2021-B | Source | |
|---|---|---|---|---|---|---|---|
| Collateral (pool at cut-off) | |||||||
| Closing date | 2024-09-25 | 2024-05-22 | 2023-09-27 | 2023-02-23 | 2022-04-20 | 2021-08-18 | 424B5 |
| Pool balance | $663.1MM | $607.8MM | $580.2MM | $628.5MM | $607.8MM | $635.5MM | 424B5 |
| WA Credit Score | 7580 | 758 | 758 | 758 | 756 | 754 | 424B5 |
| WA APR | 9.35%+1.84pp | 9.43% | 8.91% | 7.51% | 7.22% | 7.36% | 424B5 |
| WA original term mo | 70.0−1.0 | 70.0 mo | 70.0 mo | 71.0 mo | 71.0 mo | 71.0 mo | 424B5 |
| % new vehicles | 74.4% | 70.5% | 63.9% | 61.3% | 64.0% | 73.9% | 424B5 |
| Geo top-3 | TX 11.7% CA 9.5% FL 8.3% | TX 11.3% CA 9.9% FL 8.6% | TX 10.7% CA 9.8% FL 7.5% | CA 10.3% TX 9.3% FL 6.8% | TX 11.1% CA 10.5% FL 9.5% | CA 10.7% TX 10.1% FL 7.7% | 424B5 |
| Enhancement beneath the AAA term notes | |||||||
| Enhancement, initial | 5.00%0.00pp | 5.00% | 5.00% | 5.00% | 5.00% | 5.00% | calc |
| Enhancement, target | 5.00% | 5.00% | 5.00% | 5.00% | 5.00% | 5.00% | calc |
| Subordinate notes | 0.0%0.0pp | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | calc |
| OC (initial) | 4.75% | 4.75% | 4.75% | 4.75% | 4.75% | 4.75% | 424B5 |
| OC target | 4.75% | 4.75% | 4.75% | 4.75% | 4.75% | 4.75% | 424B5 |
| OC floor | 4.75% | 4.75% | 4.75% | 4.75% | 4.75% | 4.75% | 424B5 |
| Reserve account | 0.25% | 0.25% | 0.25% | 0.25% | 0.25% | 0.25% | 424B5 |
| YSOC | n.a. | n.a. | n.a. | n.a. | n.a. | n.a. | 424B5 |
| Pricing | |||||||
| AAA spread | — | +68 bps A-3 · 2.3y | +88 bps A-3 · 2.5y | +73 bps A-3 · 2.4y | — | +8 bps A-2 · 1.0y | FWP |
| Terms | |||||||
| Tranches | 4 | 4 | 4 | 5 | 5 | 4 | FWP |
Enhancement: subordinate notes, overcollateralization and the reserve account as a share of the cutoff-date pool — the losses the pool can absorb before the AAA term notes are touched. AAA spread: the pricing spread over the interpolated curve for the fixed-rate AAA class whose weighted-average life is nearest two years, with that class and its WAL shown; floating-rate classes are never used. Source: 424B5 = final prospectus, FWP = pricing term sheet, calc = derived from the above. Deltas are against the peer median; green means more protection, or a cheaper price for it, for the noteholder.
OC shown net of any yield-supplement overcollateralization (YSOC); YSOC is a yield mechanism for subvented low-APR pools and is reported separately. OC target is a % of the pool balance — current (amortizing) for greater-of/sum-of structures, original (cut-off) for flat structures; OC floor is a % of the original pool balance.
| HDMT 2024-B | FCAOT 2024-C | HAROT 2024-3 | WOART 2024-C | CAOT 2024-3 | TAOT 2024-C | Source | |
|---|---|---|---|---|---|---|---|
| Collateral (pool at cut-off) | |||||||
| Closing date | 2024-09-25 | 2024-09-20 | 2024-08-21 | 2024-08-20 | 2024-07-30 | 2024-07-30 | 424B5 |
| Pool balance | $663.1MM | $1,688.8MM | $2,159.2MM | $1,312.6MM | $1,414.1MM | $1,864.8MM | 424B5 |
| WA Credit Score | 7580 | 756 | 768 | 756 | 758 | 769 | 424B5 |
| WA APR | 9.35%+3.31pp | 4.74% | 4.71% | 6.67% | 9.53% | 6.04% | 424B5 |
| WA original term mo | 70.0+4.6 | 64.8 mo | 61.3 mo | 68.1 mo | 66.0 mo | 65.4 mo | 424B5 |
| % new vehicles | 74.4% | 93.9% | 85.3% | 96.2% | 0.0% | 87.0% | 424B5 |
| Geo top-3 | TX 11.7% CA 9.5% FL 8.3% | TX 16.1% FL 8.6% CA 8.4% | CA 16.2% TX 9.7% NY 6.7% | — | CA 17.4% TX 10.7% FL 8.0% | CA 16.3% TX 16.2% PA 4.6% | 424B5 |
| Enhancement beneath the AAA term notes | |||||||
| Enhancement, initial | 5.00%+0.25pp | 5.25% | 2.75% | 4.75% | 5.00% | 2.75% | calc |
| Enhancement, target | 5.00% | 7.25% | — | 5.65% | 5.25% | 3.60% | calc |
| Subordinate notes | 0.0%−3.8pp | 5.0% | 0.0% | 4.5% | 3.8% | 2.5% | calc |
| OC (initial) | 4.75% | 0.00% | 2.50% | 0.00% | 1.00% | 0.00% | 424B5 |
| OC target | 4.75% | 2.00% | — | 0.90% | 1.25% | 0.85% | 424B5 |
| OC floor | 4.75% | 2.00% | — | 0.50% | 1.25% | 0.85% | 424B5 |
| Reserve account | 0.25% | 0.25% | 0.25% | 0.25% | 0.25% | 0.25% | 424B5 |
| YSOC | n.a. | 6.50% | n.a. | 7.77% | n.a. | 6.16% | 424B5 |
| Pricing | |||||||
| AAA spread | — | +58 bps A-3 · 2.5y | +63 bps A-3 · 2.3y | +67 bps A-3 · 2.8y | +62 bps A-3 · 2.7y | +55 bps A-3 · 2.4y | FWP |
| Terms | |||||||
| Tranches | 4 | 7 | 4 | 7 | 8 | 6 | FWP |
Enhancement: subordinate notes, overcollateralization and the reserve account as a share of the cutoff-date pool — the losses the pool can absorb before the AAA term notes are touched. AAA spread: the pricing spread over the interpolated curve for the fixed-rate AAA class whose weighted-average life is nearest two years, with that class and its WAL shown; floating-rate classes are never used. Source: 424B5 = final prospectus, FWP = pricing term sheet, calc = derived from the above. Deltas are against the peer median; green means more protection, or a cheaper price for it, for the noteholder.
OC shown net of any yield-supplement overcollateralization (YSOC); YSOC is a yield mechanism for subvented low-APR pools and is reported separately. OC target is a % of the pool balance — current (amortizing) for greater-of/sum-of structures, original (cut-off) for flat structures; OC floor is a % of the original pool balance.
Anchor expectations in empirical base rates from the sponsor's prior series and FICO-tier peer set.
No performance data available for this issuer.
Interactive view: Performance ↗