debt
confidence high
sentiment neutral
materiality 0.50
World Omni prices $1.1B auto lease ABS notes across seven classes; closes March 25
World Omni Auto Leasing LLC
- Total principal amount of Asset-Backed Notes Series 2026-A: $1,099,110,000.
- Classes include A-1 ($143M), A-2a ($275M), A-2b ($138.97M), A-3 ($413.97M), A-4 ($65M), B ($63.17M), C ($44.21M).
- Class C notes ($44.21M) not offered publicly; retained by sponsor or affiliates.
- Underwriters: Wells Fargo, BofA Securities, MUFG, TD Securities.
- Closing date March 25, 2026; proceeds to purchase exchange notes secured by auto leases.