debt
confidence high
sentiment neutral
materiality 0.30
World Omni prices $970.9M auto ABS across six classes; A-1 notes at 4.246%, A-3 at 4.97%
World Omni Auto Receivables Trust 2026-D
- $970.86M underwritten notes via Truist, Mizuho, TD and Wells Fargo: A-1 $194.1M 4.246%, A-2a $305.15M 4.70%, A-2b $48M floating, A-3 $353.15M 4.97%, A-4 $55.45M 5.03%, C $15.01M 5.29%.
- Class B $30.02M 5.19% notes are not offered publicly and will initially be retained by World Omni or affiliates; total notes issued $1.0B.
- Expected issuance date is Nov 18, 2026; collateral is World Omni-originated motor vehicle retail installment sale contracts sold to Trust 2026-D.
- Depositor WOAR pays ~$966.4M cash plus $122.7M capital contribution to World Omni for the receivables; CEO certification filed under Form SF-3.