FWP 1 tm2126791-2_fwp.htm FWP

 

FREE WRITING PROSPECTUS

Dated September 7, 2021

 

Filed Pursuant to Rule 433

Registration No. 333-228112

Registration No. 333-228112-11

 

 

World Omni Select Auto Trust 2021-A

Issuing Entity

 

World Omni Auto Receivables LLC

Depositor

 

World Omni Financial Corp.

Servicer and Sponsor

 

 

 

The depositor has filed with the Securities and Exchange Commission (“SEC”) a preliminary prospectus dated September 7, 2021, which describes the notes to be issued by the issuing entity. You should review the preliminary prospectus in its entirety before deciding to purchase any of the notes.

 

 

 

Ratings

 

It is a condition to the issuance of the notes (other than any classes of notes that are entirely retained by the depositor or one or more affiliates thereof on the closing date, which may not be rated if retained) that, on the closing date, each class of notes will receive at least the following ratings from S&P Global Ratings, a division of S&P Global (“Standard & Poor’s”), and Fitch Ratings, Inc. (“Fitch”):

 

     

Class

 

Standard & Poor’s

 

Fitch

 
     
A-1 A-1+(sf) F1+sf
A-2 AAA(sf) AAAsf
A-3 AAA(sf) AAAsf
B AA(sf) AAsf
C A(sf) Asf
D BBB(sf) BBBsf

 

 

 

 

Joint Bookrunners of the Class A Notes

 

MUFG Mizuho Securities TD Securities Truist Securities

Co-Managers of the Class A Notes

 

Barclays PNC Capital Markets LLC Wells Fargo Securities

Underwriters of the Class B Notes, the Class C Notes and the Class D Notes

 

MUFG Mizuho Securities TD Securities Truist Securities

 

 

STATEMENT REGARDING THIS FREE WRITING PROSPECTUS

 

The depositor 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 depositor has filed with the SEC for more complete information about the issuer, the depositor and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the depositor, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling 1-877-649-6848.