0001104659-24-061365.txt : 20240515 0001104659-24-061365.hdr.sgml : 20240515 20240514214314 ACCESSION NUMBER: 0001104659-24-061365 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240515 DATE AS OF CHANGE: 20240514 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: World Omni Auto Receivables Trust 2024-B CENTRAL INDEX KEY: 0002021535 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: 333-261470-11 FILM NUMBER: 24946825 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 tm2413015-8_fwp.htm FWP

 

FREE WRITING PROSPECTUS
Dated May 14, 2024
  Filed Pursuant to Rule 433
Registration No. 333-261470
Registration No. 333-261470-11

 

*Full Pricing Details* $1.23B+ World Omni (WOART 2024-B) Prime Auto Loan

 

Joint Bookrunners: TD (str), Barc, BofA, Truist

Co-Managers: Mizuho, PNC

 

CLS SZ(mm) WAL* S&P/F P.WIN E.FNL L.FNL BENCH SPREAD YIELD% CPN% PX
A-1 230.00 0.22 A-1+/F1+ 1-6 11/24 05/25 I-CRV +15 5.534 5.534 100.00000
A-2A 200.00 1.08 AAA/AAA 6-21 02/26 09/27 I-CRV +43 5.553 5.480 99.98994
A-2B 228.50 1.08 AAA/AAA 6-21 02/26 09/27 SOFR30A +43 FRN   100.00000
A-3 428.50 2.67 AAA/AAA 21-46 03/28 09/29 I-CRV +65 5.334 5.270 99.98611
A-4 89.80 3.95 AAA/AAA 46-48 05/28 07/30 I-CRV +75 5.295 5.230 99.97339
B 37.00 3.98 AA/AA 48-48 05/28 07/30 -------<Retained>-------  
C 18.50 3.98 A/A 48-48 05/28 02/31 -------<Retained>-------  

* Pricing Speed: 1.30% ABS to 10% Clean-Up Call

 

-TRANSACTION DETAILS-

Offered Size : $1,232,300,000  
Format : SEC Registered  
ERISA Eligible : Yes  
RR Compliance : US – Yes, EU - No  
Min Expected Ratings : S&P/Fitch  
Min Denoms : $1k x $1k  
Bloomberg Ticker : WOART 2024-B  
Expected Settlement : 22 May 2024  
First Payment Date : 17 June 2024  
Bill & Deliver : TD  
Pricing : Priced  
TOE : 14:38  

 

-INVESTOR MATERIALS-

- Deal Roadshow Investor Login Details

URL: https://dealroadshow.com

Entry Code (Case Sensitive): WOART2024-B

Direct Link: https://dealroadshow.com/e/WOART2024-B

- Preliminary Prospectus: Attached
- Ratings FWP: Attached

- CDI / Intex Deal Name: tdabswoar24b_upsize
- CDI / Intex Password: 7JXB

 

- CUSIPS -

A-1 98164HAA6  
A-2A 98164HAB4  
A-2B 98164HAC2  
A-3 98164HAD0  
A-4 98164HAE8  
B 98164HAF5  
C 98164HAG3  

   

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 1-855-495-9846.