debt
confidence high
sentiment neutral
materiality 0.50
Harley-Davidson Motorcycle Trust 2022-A issues $584.95M in notes across five classes
HARLEY-DAVIDSON CUSTOMER FUNDING CORP.
- Issued $93M of 1.157% Class A-1, $142.342M of 2.45% Class A-2a, $63.158M floating Class A-2b, $205.5M of 3.06% Class A-3, and $74.95M of 3.26% Class A-4 notes.
- Notes are backed by motorcycle contract assets; $607.82M purchase price paid to Harley-Davidson Credit Corp.
- Final maturity on longest-dated note (Class A-4) no later than March 18, 2029.
- Approximately 64% of pool balance from new motorcycle loans; 36% from used motorcycle loans.