| Class | Size ($MM) | % of Pool | Enhancement | WAL | Coupon | Spread | Legal Final | S&P | Fitch |
|---|---|---|---|---|---|---|---|---|---|
| Class A-1 | 190.0 | 19.3% | 4.75% | 0.26 | 4.04% | +12 I-curve | 2026-10-15 | A-1+ | F1+ |
| Class A-2A | 145.0 | 14.8% | 4.75% | 1.11 | 3.91% | +31 I-curve | 2029-02-15 | AAA | AAA |
| Class A-2B | 169.0 | 17.2% | 4.75% | 1.11 | floating | +31 SOFR | 2029-02-15 | AAA | AAA |
| Class A-3 | 314.0 | 32.0% | 4.75% | 2.71 | 3.95% | +41 I-curve | 2031-03-17 | AAA | AAA |
| Class A-4 | 59.1 | 6.0% | 4.75% | 3.99 | 4.07% | +46 I-curve | 2032-02-17 | AAA | AAA |
| Class B | 27.5 | 2.8% | 1.75% | — | — | — | — | — | — |
| Class Cretained | 13.8 | 1.4% | 0.25% | — | — | — | — | — | — |
Enhancement: subordinate notes, overcollateralization and reserve beneath the class, as a share of the pool net of any yield supplement (the adjusted pool, as the issuers and rating agencies measure it); the Class A notes share losses pari passu, so each carries the same figure. Spread: basis points over the benchmark named beside it, from the pricing term sheet — the interpolated curve for fixed-rate classes, 30-day average SOFR for floaters; the two are not comparable. A class marked retained was kept by the depositor, as the prospectus states.
| Sponsor | World Omni Financial Corp. |
|---|---|
| Servicer | World Omni Financial Corp. |
| Depositor / Transferor | World Omni Auto Receivables LLC |
| Indenture Trustee | The Bank of New York Mellon Trust Company, N.A |
| Owner Trustee | U.S. Bank Trust National Association |
| Asset Rep. Reviewer | Clayton Fixed Income Services LLC |
| Underwriters | Wells Fargo Securities, Mizuho Securities, MUFG Securities Americas |
| WOART 2025-D | WOART 2025-C | WOART 2025-B | WOART 2025-A | WOART 2024-C | WOART 2024-B | Source | |
|---|---|---|---|---|---|---|---|
| Collateral (pool at cut-off) | |||||||
| Closing date | 2025-10-15 | 2025-08-13 | 2025-05-14 | 2025-01-29 | 2024-08-20 | 2024-05-22 | 424B5 |
| Pool balance | $982.7MM | $1,302.9MM | $1,281.8MM | $1,305.7MM | $1,312.6MM | $1,335.1MM | 424B5 |
| WA Credit Score | 757+1 | 758 | 756 | 756 | 756 | 757 | 424B5 |
| WA APR | 6.15%−0.45pp | 6.30% | 6.49% | 6.60% | 6.67% | 7.32% | 424B5 |
| WA original term mo | 68.6+0.4 | 68.3 mo | 67.9 mo | 68.2 mo | 68.1 mo | 68.3 mo | 424B5 |
| % new vehicles | 97.6% | 97.3% | 96.4% | 95.6% | 96.2% | 95.3% | 424B5 |
| Geo top-3 | FL 46.0% GA 18.7% NC 15.7% | FL 47.4% GA 18.6% NC 14.9% | 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% | 424B5 |
| Enhancement beneath the AAA term notes | |||||||
| Enhancement, initial | 4.75%0.00pp | 4.75% | 4.75% | 4.75% | 4.75% | 4.75% | calc |
| Enhancement, target | 5.65% | 5.65% | 5.65% | 5.65% | 5.65% | 5.65% | calc |
| Subordinate notes | 4.5%0.0pp | 4.5% | 4.5% | 4.5% | 4.5% | 4.5% | calc |
| OC (initial) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 424B5 |
| OC target | 0.90% | 0.90% | 0.90% | 0.90% | 0.90% | 0.90% | 424B5 |
| OC floor | 0.50% | 0.50% | 0.50% | 0.50% | 0.50% | 0.50% | 424B5 |
| Reserve account | 0.25% | 0.25% | 0.25% | 0.25% | 0.25% | 0.25% | 424B5 |
| YSOC | 6.55% | 6.48% | 5.38% | 6.15% | 7.77% | 7.70% | 424B5 |
| Pricing | |||||||
| AAA spread | +41 bps−20bps A-3 · 2.7y | +43 bps A-3 · 2.7y | +61 bps A-3 · 2.7y | +45 bps A-3 · 2.6y | +67 bps A-3 · 2.8y | +65 bps A-3 · 2.7y | FWP |
| Terms | |||||||
| Tranches | 7 | 7 | 7 | 7 | 7 | 7 | FWP |
Enhancement: subordinate notes, overcollateralization and the reserve account as a share of the cutoff-date pool — the losses the pool can absorb before the AAA term notes are touched. AAA spread: the pricing spread over the interpolated curve for the fixed-rate AAA class whose weighted-average life is nearest two years, with that class and its WAL shown; floating-rate classes are never used. Source: 424B5 = final prospectus, FWP = pricing term sheet, calc = derived from the above. Deltas are against the peer median; green means more protection, or a cheaper price for it, for the noteholder.
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-D | FCAOT 2025-B | HART 2025-C | HAROT 2025-3 | TAOT 2025-C | GMCAR 2025-3 | Source | |
|---|---|---|---|---|---|---|---|
| Collateral (pool at cut-off) | |||||||
| Closing date | 2025-10-15 | 2025-09-26 | 2025-09-17 | 2025-08-12 | 2025-07-30 | 2025-07-16 | 424B5 |
| Pool balance | $982.7MM | $1,645.7MM | $2,148.3MM | $2,483.1MM | $2,001.9MM | $974.1MM | 424B5 |
| WA Credit Score | 757−13 | 752 | 772 | 769 | 770 | 783 | 424B5 |
| WA APR | 6.15%+0.54pp | 5.21% | 5.61% | 4.97% | 5.85% | 6.58% | 424B5 |
| WA original term mo | 68.6+2.6 | 66.0 mo | 67.9 mo | 61.9 mo | 65.7 mo | 69.0 mo | 424B5 |
| % new vehicles | 97.6% | 93.5% | 99.5% | 86.0% | 88.0% | 87.9% | 424B5 |
| Geo top-3 | FL 46.0% GA 18.7% NC 15.7% | TX 16.5% CA 8.7% FL 8.2% | TX 13.0% FL 9.8% CA 8.2% | CA 16.3% TX 9.8% PA 7.6% | CA 21.9% TX 15.8% IL 3.9% | TX 13.7% FL 7.4% CA 6.4% | 424B5 |
| Enhancement beneath the AAA term notes | |||||||
| Enhancement, initial | 4.75%−0.50pp | 5.25% | 7.55% | 2.75% | 2.75% | 6.10% | calc |
| Enhancement, target | 5.65% | 7.25% | 8.05% | — | 3.60% | 6.10% | calc |
| Subordinate notes | 4.5%+1.4pp | 5.0% | 4.8% | 0.0% | 2.5% | 3.1% | calc |
| OC (initial) | 0.00% | 0.00% | 2.50% | 2.50% | 0.00% | 2.75% | 424B5 |
| OC target | 0.90% | 2.00% | 3.00% | — | 0.85% | 2.75% | 424B5 |
| OC floor | 0.50% | 2.00% | 3.00% | — | 0.85% | 2.75% | 424B5 |
| Reserve account | 0.25% | 0.25% | 0.25% | 0.25% | 0.25% | 0.25% | 424B5 |
| YSOC | 6.55% | 4.06% | 5.09% | n.a. | 5.09% | 3.50% | 424B5 |
| Pricing | |||||||
| AAA spread | +41 bps+5bps A-3 · 2.7y | +35 bps A-3 · 2.3y | +38 bps A-3 · 2.3y | +37 bps A-3 · 2.4y | +35 bps A-3 · 2.5y | +36 bps A-3 · 2.5y | FWP |
| Terms | |||||||
| Tranches | 7 | 7 | 7 | 5 | 6 | 7 | FWP |
Enhancement: subordinate notes, overcollateralization and the reserve account as a share of the cutoff-date pool — the losses the pool can absorb before the AAA term notes are touched. AAA spread: the pricing spread over the interpolated curve for the fixed-rate AAA class whose weighted-average life is nearest two years, with that class and its WAL shown; floating-rate classes are never used. Source: 424B5 = final prospectus, FWP = pricing term sheet, calc = derived from the above. Deltas are against the peer median; green means more protection, or a cheaper price for it, for the noteholder.
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 (186 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 the performance page ↗ for
FICO sub-band and new/used stratification.