World Omni Auto Receivables Trust 2026-B issues $1.2966B ABS notes at 3.822%-4.86%

WORLD OMNI AUTO RECEIVABLES LLC

Underwriting agreement signed May 5, 2026 with BofA, Mizuho, Truist, U.S. Bancorp for $1,296,630,000 aggregate notes.
Notes: A-1 ($268M, 3.822%), A-2a ($250M, 4.11%), A-2b ($199.14M floating), A-3 ($449.14M, 4.37%), A-4 ($90.86M, 4.45%), B ($39.49M, 4.61%), C ($19.74M, 4.86% retained).
Purchase price for receivables: $1,290,657,308.40 cash plus $115,388,835.66 capital contribution to depositor.
Issuance expected May 13, 2026; collateral is auto retail installment sale contracts.
Class C notes ($19.74M) not publicly offered; retained by sponsor or affiliate.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

WORLD OMNI AUTO RECEIVABLES LLC entered into Underwriting Agreement with BofA Securities, Inc., Mizuho Securities USA LLC, Truist Securities, Inc. and U.S. Bancorp Investments, Inc., on behalf of themselves and as representatives of the several underwriters valued at $1,296,630,000 aggregate principal balance (effective 2026-05-05).

Action: entry
Agreement: underwriting
Counterparty: BofA Securities, Inc., Mizuho Securities USA LLC, Truist Securities, Inc. and U.S. Bancorp Investments, Inc., on behalf of themselves and as representatives of the several underwriters
Value: $1,296,630,000 aggregate principal balance
Effective: 2026-05-05

Exact text from the filing

On May 5, 2026, World Omni Financial Corp. (“World Omni”) and World Omni Auto Receivables LLC (the “Depositor”) entered into an Underwriting Agreement with BofA Securities, Inc., Mizuho Securities USA LLC, Truist Securities, Inc. and U.S. Bancorp Investments, 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 $1,296,630,000 aggregate principal balance of various classes of Asset-Backed Notes to be issued by World Omni Auto Receivables Trust 2026-B

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Source: SEC EDGAR

accession 0001104659-26-057011

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