---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-062482"
form_type: "8-K"
ticker: null
cik: "0001083199"
company_name: "WORLD OMNI AUTO RECEIVABLES LLC"
filed_at: "2024-05-16T23:59:59+00:00"
generated_at: "2026-06-01T18:54:19.566940+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# World Omni Auto Receivables Trust 2024-B issues $1.18B in asset-backed notes

## Summary
- Underwriting agreement with TD, Barclays, BofA, and Truist for $1,176,800,000 notes.
- Classes: A-1 $230M at 5.534%, A-2a $200M at 5.48%, A-2b $228.5M floating, A-3 $428.5M at 5.27%, A-4 $89.8M at 5.23%, B $37M at 5.38%, C $18.5M at 5.47%.
- Expected issuance May 22, 2024; collateral is motor vehicle retail installment sale contracts.
- Class B and C notes not publicly offered; initially retained by sponsor or affiliates.
- Purchase price: $1,171,300,558.69 cash plus $163,809,182.41 capital contribution.

## SEC filing metadata
- accession: 0001104659-24-062482
- form_type: 8-K
- cik: 0001083199
- company_name: WORLD OMNI AUTO RECEIVABLES LLC
- filed_at: 2024-05-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1083199/000110465924062482/0001104659-24-062482-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1083199/000110465924062482/tm2413015d11_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-062482
- JSON: https://secwatch.observer/filing/0001104659-24-062482.json
- Plain text: https://secwatch.observer/filing/0001104659-24-062482.txt

## Key facts
- Material Agreements
  WORLD OMNI AUTO RECEIVABLES LLC entered into Underwriting Agreement with TD Securities (USA) LLC, Barclays Capital Inc., BofA Securities, Inc. and Truist Securities, Inc. valued at $1,176,800,000 (effective 2024-05-14).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: TD Securities (USA) LLC, Barclays Capital Inc., BofA Securities, Inc. and Truist Securities, Inc.
  - Value: $1,176,800,000
  - Effective: 2024-05-14
  source text: On May 14, 2024, World Omni Financial Corp. (“World Omni”) and World Omni Auto Receivables LLC (the “Depositor”) entered into an Underwriting Agreement with TD Securities (USA) LLC, Barclays Capital Inc., BofA Securities, Inc. and Truist Securities, Inc., on behalf of themselves and as representatives of the several underwriters (collectively, the “Underwriters”), whereby each of the Underwriters has severally agreed to purchase $1,176,800,000 aggregate principal balance of various classes of Asset-Backed Notes to be issued by World Omni Auto Receivables Trust 2024-B
  evidence_url: https://www.sec.gov/Archives/edgar/data/1083199/000110465924062482/0001104659-24-062482-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.