0001104659-24-011235.txt : 20240207 0001104659-24-011235.hdr.sgml : 20240207 20240206201615 ACCESSION NUMBER: 0001104659-24-011235 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240207 DATE AS OF CHANGE: 20240206 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: World Omni Auto Receivables Trust 2024-A CENTRAL INDEX KEY: 0002007987 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] ORGANIZATION NAME: Office of Structured Finance IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-261470-10 FILM NUMBER: 24601814 BUSINESS ADDRESS: STREET 1: 250 JIM MORAN BOULEVARD CITY: DEERFIELD BEACH STATE: FL ZIP: 33442 BUSINESS PHONE: 9544292200 MAIL ADDRESS: STREET 1: 250 JIM MORAN BOULEVARD CITY: DEERFIELD BEACH STATE: FL ZIP: 33442 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WORLD OMNI AUTO RECEIVABLES LLC CENTRAL INDEX KEY: 0001083199 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] ORGANIZATION NAME: Office of Structured Finance IRS NUMBER: 522184798 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 250 JIM MORAN BOULEVARD CITY: DEERFIELD BEACH STATE: FL ZIP: 33442 BUSINESS PHONE: 9544292200 MAIL ADDRESS: STREET 1: 250 JIM MORAN BOULEVARD CITY: DEERFIELD BEACH STATE: FL ZIP: 33442 FWP 1 tm244290d7_fwp.htm FWP

FREE WRITING PROSPECTUS
Dated February 6, 2024

Filed Pursuant to Rule 433
Registration No. 333-261470
Registration No. 333-261470-10

$1.226+bn World Omni Auto Receivables Trust (WOART) 2024-A

Joint Leads:	Mizuho (str), MUFG, Truist, Wells
Co-Mgrs:	BofA, Siebert Williams

-Anticipated Capital Structure-

CLS	$AMT(MM)*	WAL	S&P/FITCH**	E.FIN	L.FIN	BNCH		SPRD	YLD%	CPN%	$PX
A-1	214.300	0.23	A-1+/F1+	8/24	2/18/25	I-CRV	+	14	5.519	5.519	100.00000
A-2A	174.260	1.09	AAA/AAA	11/25	4/15/27	I-CRV	+	34	5.111	5.05	99.99217
A-2B	260.000	1.09	AAA/AAA	11/25	4/15/27	SOFRA	+	34			100.00000
A-3	434.260	2.60	AAA/AAA	10/27	3/15/29	I-CRV	+	65	4.915	4.86	99.98682
A-4	87.890	3.81	AAA/AAA	12/27	10/15/29	I-CRV	+	77	4.894	4.84	99.98318
B	36.870	3.84	AA/AA	12/27	12/17/29	I-CRV	+	103	5.152	5.09	99.97369
C	18.440	3.84	A/A	12/27	10/15/30	I-CRV	+	125	5.372	5.31	99.99011

** Minimum required ratings

SOFR = SOFR30A

Transaction Details:

* Ticker	:	WOART 2024-A
* Offered Size	:	$1,226,020,000
* Registration	:	Public/SEC Registered
* Pricing speed	:	1.30% ABS to 10% Call
* Expected Ratings	:	S&P, Fitch
* ERISA Eligible	:	Yes
* US RR Eligible	:	Yes
* EU RR Eligible	:	No
* Min denoms	:	$1k x $1k
* Expected Settlement	:	February 14, 2024
* First Payment Date	:	March 15, 2024
* Bill and Deliver	:	Mizuho

Available Information:

* Preliminary Prospectus (Attached)

* Roadshow	:	www.dealroadshow.com
Passcode	:	WOART24A

* Intex CDI File (Attached)

Intex Dealname	:	mzwoar24a_upsize
Password	:	23A9

--Company is available for conference calls upon request--

CUSIPS:

A1 98164R AA4

A2A 98164R AB2

A2B 98164R AC0

A3 98164R AD8

A4 98164R AE6

B 98164R AF3

C 98164R AG1

The issuer has filed a registration statement (including a base prospectus) with the SEC for the offering to which this free writing prospectus relates. Before you invest in this offering, you should read the base 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 website at www.sec.gov. Alternatively, Mizuho will arrange to send you a prospectus at no charge if you request it by calling Toll Free: 866-271-7403.