0001104659-21-064656.txt : 20210511 0001104659-21-064656.hdr.sgml : 20210511 20210511172340 ACCESSION NUMBER: 0001104659-21-064656 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20210511 DATE AS OF CHANGE: 20210511 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: World Omni Auto Receivables Trust 2021-B CENTRAL INDEX KEY: 0001856407 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-228112-09 FILM NUMBER: 21912558 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] 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 tm2115090-5_fwp.htm FWP

 

FREE WRITING PROSPECTUS
Dated May 11, 2021
  Filed Pursuant to Rule 433
Registration No. 333-228112
Registration No. 333-228112-09

 

$1,061,200,000 World Omni Auto Receivables Trust (WOART) 2021-B

JT-Leads: BofA (struc), MUFG, TD, Truist

Co-Mgrs : Barclays, Comerica, PNC, Regions

 

Size
CLS
($mm) WAL

(Min Rtgs*)

    S&P/F

PWIN E.FINAL L.FINAL BENCH SPRD YLD CPN     $PRICE
A-1 180.500 0.25 A-1+/F1+ 1-6 11/21 5/16/22 ILIB – 5   0.11025 100.00000
A-2 368.090 1.11 AAA/AAA 6-21 2/23 7/15/24 EDSF + 1 0.203 0.20 99.99678
A-3 368.080 2.58 AAA/AAA 21-43 12/24 6/15/26 ISWP + 7 0.426 0.42 99.98559
A-4 96.650 3.83 AAA/AAA 43-47 4/25 6/15/27 ISWP + 7 0.697 0.69 99.97740
B 31.920 3.91 AA/AA 47-47 4/25     6/15/27 ISWP + 40 1.046 1.04 99.98574
C 15.960 3.91 A/A 47-47 4/25 12/15/27 ISWP + 65 1.296 1.29 99.99043

*Minimum Required Ratings

 

www.dealroadshow.com/e/WOART21B   INTEXNET    : baswoar21b_upsize K7JK
BILL & DELIVER : BofA   BBG TICKER : WOART 2021-B
EXPECTED RATINGS : S&P/Fitch   FORMAT      : SEC Registered
EXPECTED PRICING : Pxd 5/11/21   FIRST PAY DATE : 6/15/21
EXPECTED SETTLE : 5/19/21   PXG SPEED : 1.3% ABS to 10% CALL
ERISA ELIGIBLE : Yes   DENOMS : $1k x $1k

 

CUSIPS A-1   98163LAA8
A-2 98163LAB6
A-3 98163LAC4
A-4 98163LAD2
B 98163LAE0
C 98163LAF7

 

 

 

 

The issuer 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 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 Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-294-1322 or you may e-mail a request to prospectus_request@bofa.com.