| Class | Size ($MM) | % of Pool | Sub % | CPN / Spread | WAL | Legal Final | S&P | Fitch |
|---|---|---|---|---|---|---|---|---|
| Class A-1 | 260.0 | 20.3% | 74.3% | 4.46% fxd | 0.27 | 2026-05-15 | A-1+ | F1+ |
| Class A-2a | 220.0 | 17.2% | 57.2% | 4.38% fxd | 1.13 | 2028-08-15 | AAA | AAA |
| Class A-2b | 188.0 | 14.7% | 42.5% | +47 bps SOFR | 1.13 | 2028-08-15 | AAA | AAA |
| Class A-3 | 408.0 | 31.8% | 10.7% | 4.34% fxd | 2.67 | 2030-09-16 | AAA | AAA |
| Class A-4 | 82.3 | 6.4% | 4.3% | 4.53% fxd | 3.91 | 2031-08-15 | AAA | AAA |
| Class B | 36.4 | 2.8% | 1.4% | — | — | 2031-08-15 | — | — |
| Class C | 18.2 | 1.4% | 0.0% | — | — | 2032-06-15 | — | — |
| Sponsor | World Omni Financial Corp |
|---|---|
| Servicer | World Omni Financial Corp. |
| Depositor / Transferor | Omni Financial Corp |
| Indenture Trustee | Wilmington Trust, National Association |
| Owner Trustee | U.S. Bank Trust National Association |
| Asset Rep. Reviewer | Clayton Fixed Income Services LLC |
| Underwriters | BofA Securities, U.S. Bancorp Investments, Mizuho Securities |
| WOART 2025-B | WOART 2025-A | WOART 2024-C | WOART 2024-B | WOART 2024-A | WOART 2023-D | |
|---|---|---|---|---|---|---|
| Collateral (pool at cut-off) | ||||||
| Closing date | 2025-05-14 | 2025-01-29 | 2024-08-20 | 2024-05-22 | 2024-02-14 | 2023-11-08 |
| Pool balance | $1,281.8MM | $1,305.7MM | $1,312.6MM | $1,335.1MM | $1,343.7MM | $1,119.4MM |
| WA Credit Score | 7560 | 756 | 756 | 757 | 757 | 756 |
| WA APR | 6.49%−0.12pp | 6.61% | 6.67% | 7.32% | 6.54% | 6.13% |
| WA original term mo | 67.9−0.2 | 68.2 mo | 68.1 mo | 68.3 mo | 67.6 mo | 67.4 mo |
| % new vehicles | 96.4% | 95.6% | 96.2% | 95.3% | 95.6% | 95.5% |
| Reserve % | 0.24% | 0.23% | 0.23% | 0.23% | 0.23% | 0.19% |
| Geo top-3 | FL 47.7% GA 18.7% NC 15.4% | FL 49.1% GA 18.2% NC 17.8% | — | FL 43.8% GA 19.9% NC 16.8% | FL 47.9% GA 18.3% NC 15.8% | FL 44.7% GA 19.6% NC 16.6% |
| Structure (at issuance) | ||||||
| AAA spread | +47 bps+8bps | +33 bps | — | +43 bps | +34 bps | +58 bps |
| AAA % of pool | 70.1%−0.8pp | 71.1% | 35.4% | 70.9% | 71.2% | 67.6% |
| Subordination below AAA | 4.3%+0.1pp | 4.2% | 4.2% | 4.2% | 4.1% | 4.0% |
| OC (initial) | — | — | — | — | — | — |
| OC target | 0.90% | 0.90% | 0.90% | 0.90% | 1.15% | 1.15% |
| OC floor | 0.50% | 0.50% | 0.50% | 0.50% | 0.50% | 0.50% |
| YSOC | 5.38% | 4.86% | 7.77% | 6.11% | 6.75% | 8.92% |
| Tranches | 7 | 7 | 7 | 7 | 7 | 7 |
OC shown net of any yield-supplement overcollateralization (YSOC); YSOC is a yield mechanism for subvented low-APR pools and is reported separately. OC target is a % of the pool balance — current (amortizing) for greater-of/sum-of structures, original (cut-off) for flat structures; OC floor is a % of the original pool balance.
| WOART 2025-B | GMCAR 2025-2 | HAROT 2025-2 | TAOT 2025-B | VALET 2025-1 | FCAOT 2025-A | |
|---|---|---|---|---|---|---|
| Collateral (pool at cut-off) | ||||||
| Closing date | 2025-05-14 | 2025-05-14 | 2025-05-08 | 2025-04-30 | 2025-03-25 | 2025-03-25 |
| Pool balance | $1,281.8MM | $984.2MM | $2,483.1MM | $1,988.8MM | $1,427.5MM | $1,668.4MM |
| WA Credit Score | 756−13 | 782 | 769 | 769 | 772 | 755 |
| WA APR | 6.49%+1.06pp | 5.82% | 4.89% | 6.05% | 5.43% | 4.81% |
| WA original term mo | 67.9+2.7 | 69.0 mo | 62.1 mo | 65.7 mo | — | 64.8 mo |
| % new vehicles | 96.4% | 87.9% | 86.1% | 88.0% | 79.0% | 94.3% |
| Reserve % | 0.24% | 0.24% | 0.25% | 0.25% | 0.23% | 0.24% |
| Geo top-3 | FL 47.7% GA 18.7% NC 15.4% | TX 12.2% FL 7.7% NY 6.2% | CA 16.9% TX 9.9% FL 6.2% | CA 20.9% TX 16.8% IL 4.0% | TX 16.3% FL 8.5% CA 7.8% | TX 15.6% CA 8.9% FL 8.8% |
| Structure (at issuance) | ||||||
| AAA spread | +47 bps+2bps | +45 bps | +48 bps | +54 bps | +44 bps | +41 bps |
| AAA % of pool | 70.1%−1.7pp | 73.0% | 72.8% | 71.7% | 69.6% | 71.0% |
| Subordination below AAA | 4.3%+1.9pp | 3.0% | 0.0% | 2.4% | 0.0% | 4.7% |
| OC (initial) | — | 2.75% | — | 0.85% | 4.00% | 2.00% |
| OC target | 0.90% | 2.75% | — | 0.85% | — | 2.00% |
| OC floor | 0.50% | 2.75% | — | 0.85% | — | 2.00% |
| YSOC | 5.38% | 2.86% | 5.43% | 4.46% | 8.78% | 5.36% |
| Tranches | 7 | 7 | 5 | 6 | 5 | 7 |
OC shown net of any yield-supplement overcollateralization (YSOC); YSOC is a yield mechanism for subvented low-APR pools and is reported separately. OC target is a % of the pool balance — current (amortizing) for greater-of/sum-of structures, original (cut-off) for flat structures; OC floor is a % of the original pool balance.
Anchor expectations in empirical base rates from the sponsor's prior series and FICO-tier peer set.
Left: per-series cumulative NET loss at matched seasoning 10-D (10-D servicer distribution reports). IQR band uses a fixed cohort of all peer series with ≥18 months of data (175 series across 9 issuers). Right: portfolio-level 60+ DQ rate aggregated across all active deals per issuer (calendar time, last 3 years), from ABS-EE loan-level data ABS-EE.
World Omni Financial Corp — ticker WOART.
Peer tier: prime.
Open in Explorer ↗ for
FICO sub-band and new/used stratification.