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.