| Class | Size ($MM) | % of Pool | Sub % | CPN / Spread | WAL | Legal Final | S&P | Fitch |
|---|---|---|---|---|---|---|---|---|
| Class A-1 | 190.0 | 19.3% | 74.1% | 4.04% fxd | 0.26 | 2026-10-15 | A-1+ | F1+ |
| Class A-2A | 145.0 | 14.8% | 59.4% | 3.91% fxd | 1.11 | 2029-02-15 | AAA | AAA |
| Class A-2B | 169.0 | 17.2% | 42.2% | +31 bps SOFR | 1.11 | 2029-02-15 | AAA | AAA |
| Class A-3 | 314.0 | 32.0% | 10.2% | 3.95% fxd | 2.71 | 2031-03-17 | AAA | AAA |
| Class A-4 | 59.1 | 6.0% | 4.2% | 4.07% fxd | 3.99 | 2032-02-17 | AAA | AAA |
| Class B | 27.5 | 2.8% | 1.4% | — | — | — | — | — |
| Class C | 13.8 | 1.4% | 0.0% | — | — | — | — | — |
| Sponsor | World Omni Financial Corp |
|---|---|
| Servicer | World Omni Financial Corp |
| Depositor / Transferor | World Omni Financial Corp |
| 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 | |
|---|---|---|---|---|---|---|
| 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 |
| Pool balance | $982.7MM | $1,302.9MM | $1,281.8MM | $1,305.7MM | $1,312.6MM | $1,335.1MM |
| WA Credit Score | 757+1 | 758 | 756 | 756 | 756 | 757 |
| WA APR | 6.15%−0.46pp | 6.30% | 6.49% | 6.61% | 6.67% | 7.32% |
| WA original term mo | 68.6+0.4 | 68.3 mo | 67.9 mo | 68.2 mo | 68.1 mo | 68.3 mo |
| % new vehicles | 97.6% | 97.3% | 96.4% | 95.6% | 96.2% | 95.3% |
| Reserve % | 0.23% | 0.23% | 0.24% | 0.23% | 0.23% | 0.23% |
| 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% |
| Structure (at issuance) | ||||||
| AAA spread | +31 bps−8bps | +35 bps | +47 bps | +33 bps | — | +43 bps |
| AAA % of pool | 69.9%−0.5pp | 70.4% | 70.1% | 71.1% | 35.4% | 70.9% |
| Subordination below AAA | 4.2%−0.0pp | 4.2% | 4.3% | 4.2% | 4.2% | 4.2% |
| OC (initial) | — | — | — | — | — | — |
| OC target | 0.90% | 0.90% | 0.90% | 0.90% | 0.90% | 0.90% |
| OC floor | 0.50% | 0.50% | 0.50% | 0.50% | 0.50% | 0.50% |
| YSOC | 6.55% | 6.48% | 5.38% | 4.86% | 7.77% | 6.11% |
| 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-D | FCAOT 2025-B | HART 2025-C | HAROT 2025-3 | TAOT 2025-C | GMCAR 2025-3 | |
|---|---|---|---|---|---|---|
| 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 |
| Pool balance | $982.7MM | $1,645.7MM | $2,148.3MM | $2,483.1MM | $2,001.9MM | $974.1MM |
| WA Credit Score | 757−13 | 752 | 772 | 769 | 770 | 783 |
| WA APR | 6.15%+0.54pp | 5.21% | 5.61% | 4.97% | 5.85% | 5.70% |
| WA original term mo | 68.6+2.6 | 66.0 mo | 67.9 mo | 61.9 mo | 65.7 mo | 69.0 mo |
| % new vehicles | 97.6% | 93.5% | 99.5% | 86.0% | 88.0% | 87.9% |
| Reserve % | 0.23% | 0.24% | 0.25% | 0.25% | 0.25% | 0.25% |
| 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% |
| Structure (at issuance) | ||||||
| AAA spread | +31 bps+1bps | +30 bps | +35 bps | +35 bps | +30 bps | +30 bps |
| AAA % of pool | 69.9%−1.8pp | 71.7% | 68.9% | 72.5% | 71.0% | 72.9% |
| Subordination below AAA | 4.2%+1.2pp | 4.8% | 4.6% | 0.0% | 2.4% | 3.0% |
| OC (initial) | — | 2.00% | 3.00% | — | 0.85% | 2.75% |
| OC target | 0.90% | 2.00% | 3.00% | — | 0.85% | 2.75% |
| OC floor | 0.50% | 2.00% | 3.00% | — | 0.85% | 2.75% |
| YSOC | 6.55% | 4.06% | 5.09% | 4.77% | 5.09% | 3.50% |
| Tranches | 7 | 7 | 7 | 5 | 6 | 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 (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 in Explorer ↗ for
FICO sub-band and new/used stratification.