Presale Report  ·  Data as of 2026-05-13

World Omni Auto Receivables Trust 2026-B Auto Loan prime FINAL · CLOSED 2026-05-13

Notes
$1,316.4MM
Pool
$1,406.0MM
Reserve
0.23%
AAA Sub
4.5%
Sponsor: World Omni Financial Corp  ·  Servicer: World Omni Financial Corp  ·  Trustee: Wilmington Trust, National Association

Capital Structure

ClassSize ($MM)% of PoolSub %CPN / SpreadWALLegal FinalS&PFitch
Class A-1268.019.1%74.6%3.82% fxd0.242027-05-17A-1+F1+
Class A-2A250.017.8%56.8%4.11% fxd1.072029-06-15AAAAAA
Class A-2B199.114.2%42.6%+38 bps SOFR1.072029-06-15AAAAAA
Class A-3449.131.9%10.7%4.37% fxd2.572031-06-16AAAAAA
Class A-490.96.5%4.2%4.45% fxd3.812032-08-16AAAAAA
Class B39.52.8%1.4%4.61% fxd3.842032-08-16AAAA
Class C19.71.4%0.0%4.86% fxd2033-07-15

Transaction Parties

SponsorWorld Omni Financial Corp
ServicerWorld Omni Financial Corp
Depositor / TransferorFinancial Corp
Indenture TrusteeWilmington Trust, National Association
Owner TrusteeU.S. Bank Trust National Association
Asset Rep. ReviewerClayton Fixed Income Services LLC
UnderwritersBofA Securities, U.S. Bancorp Investments, Mizuho Securities

Issuer Track Record

WOART 2026-BWOART 2026-AWOART 2025-DWOART 2025-CWOART 2025-BWOART 2025-A
Collateral (pool at cut-off)
Closing date2026-05-132026-02-182025-10-152025-08-132025-05-142025-01-29
Pool balance$1,406.0MM$1,312.6MM$982.7MM$1,302.9MM$1,281.8MM$1,305.7MM
WA Credit Score759+2758757758756756
WA APR5.79%−0.51pp5.87%6.15%6.30%6.49%6.61%
WA original term mo68.6+0.368.4 mo68.6 mo68.3 mo67.9 mo68.2 mo
% new vehicles98.1%98.0%97.6%97.3%96.4%95.6%
Reserve %0.23%0.24%0.23%0.23%0.24%0.23%
Geo top-3FL 45.9%
GA 18.6%
NC 15.2%
FL 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+38 bps+5bps+31 bps+31 bps+35 bps+47 bps+33 bps
AAA % of pool70.3%+0.3pp69.7%69.9%70.4%70.1%71.1%
Subordination below AAA4.2%−0.0pp4.2%4.2%4.2%4.3%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%
YSOC6.38%5.47%6.55%6.48%5.38%4.86%
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-BHAROT 2026-2TAOT 2026-BGMCAR 2026-2FCAOT 2026-AHART 2026-A
Collateral (pool at cut-off)
Closing date2026-05-132026-05-132026-04-212026-04-152026-03-242026-02-18
Pool balance$1,406.0MM$2,159.3MM$2,000.6MM$1,335.0MM$1,489.0MM$2,392.4MM
WA Credit Score759−11768770777754775
WA APR5.79%+0.41pp4.99%5.57%6.11%4.84%5.38%
WA original term mo68.6+2.661.9 mo66.0 mo70.0 mo65.8 mo67.2 mo
% new vehicles98.1%86.1%87.6%80.8%93.8%97.5%
Reserve %0.23%0.25%0.25%0.25%0.18%0.25%
Geo top-3FL 45.9%
GA 18.6%
NC 15.2%
CA 15.3%
TX 9.9%
NY 6.2%
CA 24.1%
TX 16.1%
AZ 3.6%
TX 14.2%
FL 7.1%
CA 6.7%
TX 16.5%
FL 8.6%
CA 8.5%
TX 13.2%
FL 10.1%
CA 9.1%
Structure (at issuance)
AAA spread+38 bps0bps+38 bps+38 bps+40 bps+43 bps+34 bps
AAA % of pool70.3%−2.2pp72.8%72.6%75.7%70.7%69.0%
Subordination below AAA4.2%+1.2pp0.0%2.4%3.0%4.8%4.5%
OC (initial)0.85%2.75%2.00%3.00%
OC target0.90%0.85%2.75%2.00%3.00%
OC floor0.50%0.85%2.75%2.00%3.00%
YSOC6.38%5.10%5.03%2.19%4.56%5.70%
Tranches756777

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 (199 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%0.6%0.7%M0M12M24M36M48Seasoning (months from cut-off)CNLWOART 2026-AWOART 2025-DWOART 2025-CWOART 2025-Bprime peers medianPeer IQR (fixed cohort, n=131)
Portfolio 60+ DQ — WOART vs. peers (calendar time)0.17%0.33%0.50%0.66%2023-052024-012024-102025-072026-04Calendar date60+ DQ rateWOARTBMWOTFCAOTGMCARHAROT

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