Presale Report  ·  Data as of 2026-02-18

World Omni Auto Receivables Trust 2026-A Auto Loan prime FINAL · CLOSED 2026-02-18

Notes
$1,236.9MM
Pool
$1,312.6MM
Reserve
0.24%
AAA Sub
4.5%
Sponsor: World Omni Financial Corp  ·  Servicer: World Omni Financial Corp.  ·  Trustee: US Bank

Capital Structure

ClassSize ($MM)% of PoolSub %CPN / SpreadWALLegal FinalS&PFitch
Class A-1266.520.3%73.9%+14 bps0.242027-02-01A-1+F1+
Class A-2A291.022.2%51.8%+31 bps1.102029-04-01AAAAAA
Class A-2B125.09.5%42.2%+31 bps SOFR1.102029-04-01AAAAAA
Class A-3416.031.7%10.5%+36 bps2.642031-05-01AAAAAA
Class A-482.76.3%4.2%+39 bps3.892032-03-01AAAAAA
Class B37.12.8%1.4%+55 bps3.912032-03-01AAAA
Class C18.61.4%0.0%+75 bps3.912032-12-01AA

Transaction Parties

SponsorWorld Omni Financial Corp
ServicerWorld Omni Financial Corp.
Depositor / TransferorWorld Omni Financial Corp
Indenture Trustee
Owner Trustee
Asset Rep. Reviewer
UnderwritersBofA Securities, TD Securities, Barclays Capital

Issuer Track Record

WOART 2026-AWOART 2025-DWOART 2025-CWOART 2025-BWOART 2025-AWOART 2024-C
Collateral (pool at cut-off)
Closing date2026-02-182025-10-152025-08-132025-05-142025-01-292024-08-20
Pool balance$1,312.6MM$982.7MM$1,302.9MM$1,281.8MM$1,305.7MM$1,312.6MM
WA Credit Score758+2757758756756756
WA APR5.87%−0.62pp6.15%6.30%6.49%6.61%6.67%
WA original term mo68.4+0.268.6 mo68.3 mo67.9 mo68.2 mo68.1 mo
% new vehicles98.0%97.6%97.3%96.4%95.6%96.2%
Reserve %0.24%0.23%0.23%0.24%0.23%0.23%
Geo top-3FL 44.5%
GA 18.6%
NC 16.2%
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%
Structure (at issuance)
AAA spread+31 bps−3bps+31 bps+35 bps+47 bps+33 bps
AAA % of pool69.7%−0.4pp69.9%70.4%70.1%71.1%35.4%
Subordination below AAA4.2%+0.0pp4.2%4.2%4.3%4.2%4.2%
OC (initial)
OC target0.90%0.90%0.90%0.90%0.90%0.90%
OC floor0.50%0.50%0.50%0.50%0.50%0.50%
YSOC5.47%6.55%6.48%5.38%4.86%7.77%
Tranches777777

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.

Peer Set

WOART 2026-AHART 2026-AHAROT 2026-1TAOT 2026-AGMCAR 2026-1NAROT 2025-B
Collateral (pool at cut-off)
Closing date2026-02-182026-02-182026-02-182026-01-212026-01-142025-11-25
Pool balance$1,312.6MM$2,392.4MM$2,483.1MM$1,995.4MM$1,317.6MM$1,381.3MM
WA Credit Score758−17775770771779795
WA APR5.87%+0.49pp5.38%5.00%5.68%5.97%4.61%
WA original term mo68.4+1.967.2 mo61.6 mo65.9 mo70.0 mo
% new vehicles98.0%97.5%86.5%88.0%80.8%10.0%
Reserve %0.24%0.25%0.25%0.25%0.25%0.25%
Geo top-3FL 44.5%
GA 18.6%
NC 16.2%
TX 13.2%
FL 10.1%
CA 9.1%
CA 16.0%
TX 9.5%
NY 6.7%
CA 23.8%
TX 16.7%
IL 3.8%
TX 14.6%
FL 7.1%
CA 6.3%
TX 17.5%
FL 7.4%
CA 6.5%
Structure (at issuance)
AAA spread+31 bps−3bps+34 bps+34 bps+33 bps+32 bps+38 bps
AAA % of pool69.7%−3.5pp69.0%73.1%73.6%75.6%68.8%
Subordination below AAA4.2%+1.9pp4.5%0.0%2.4%3.0%1.5%
OC (initial)3.00%0.85%2.75%2.35%
OC target0.90%3.00%0.85%2.75%2.35%
OC floor0.50%3.00%0.85%2.75%2.35%
YSOC5.47%5.70%4.09%4.78%2.44%7.33%
Tranches775676

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.

Historical Performance Context

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 (196 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.

CNL by seasoning — WOART vs. prime peers0.2%0.4%0.5%0.7%M0M12M24M36M48Seasoning (months from cut-off)CNLWOART 2025-DWOART 2025-CWOART 2025-BWOART 2025-Aprime peers medianPeer IQR (fixed cohort, n=126)
Portfolio 60+ DQ — WOART vs. peers (calendar time)0.17%0.33%0.50%0.66%2023-022023-102024-072025-042026-01Calendar date60+ DQ rateWOARTBMWOTFCAOTGMCARHAROT

World Omni Financial Corp — ticker WOART. Peer tier: prime.
Open in Explorer ↗ for FICO sub-band and new/used stratification.