| Class | Size ($MM) | % of Pool | Enhancement | WAL | Coupon | Spread | Legal Final | S&P | Fitch |
|---|---|---|---|---|---|---|---|---|---|
| Class A-1 | 268.0 | 19.1% | 4.75% | 0.24 | 3.82% | +14 I-curve | 2027-05-17 | A-1+ | F1+ |
| Class A-2A | 250.0 | 17.8% | 4.75% | 1.07 | 4.11% | +38 I-curve | 2029-06-15 | AAA | AAA |
| Class A-2B | 199.1 | 14.2% | 4.75% | 1.07 | floating | +38 SOFR | 2029-06-15 | AAA | AAA |
| Class A-3 | 449.1 | 31.9% | 4.75% | 2.57 | 4.37% | +46 I-curve | 2031-06-16 | AAA | AAA |
| Class A-4 | 90.9 | 6.5% | 4.75% | 3.81 | 4.45% | +48 I-curve | 2032-08-16 | AAA | AAA |
| Class B | 39.5 | 2.8% | 1.75% | 3.84 | 4.61% | +65 I-curve | 2032-08-16 | AA | AA |
| Class Cretained | 19.7 | 1.4% | 0.25% | — | 4.86% | — | 2033-07-15 | — | — |
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 | 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 2026-B | WOART 2026-A | WOART 2025-D | WOART 2025-C | WOART 2025-B | WOART 2025-A | Source | |
|---|---|---|---|---|---|---|---|
| Collateral (pool at cut-off) | |||||||
| Closing date | 2026-05-13 | 2026-02-18 | 2025-10-15 | 2025-08-13 | 2025-05-14 | 2025-01-29 | 424B5 |
| Pool balance | $1,406.0MM | $1,308.7MM | $982.7MM | $1,302.9MM | $1,281.8MM | $1,305.7MM | 424B5 |
| WA Credit Score | 759+2 | 758 | 757 | 758 | 756 | 756 | 424B5 |
| WA APR | 5.79%−0.51pp | 5.87% | 6.15% | 6.30% | 6.49% | 6.60% | 424B5 |
| WA original term mo | 68.6+0.3 | 68.4 mo | 68.6 mo | 68.3 mo | 67.9 mo | 68.2 mo | 424B5 |
| % new vehicles | 98.1% | 98.0% | 97.6% | 97.3% | 96.4% | 95.6% | 424B5 |
| Geo top-3 | FL 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% | 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 | 6.38% | 5.49% | 6.55% | 6.48% | 5.38% | 6.15% | 424B5 |
| Pricing | |||||||
| AAA spread | +46 bps+3bps A-3 · 2.6y | +36 bps A-3 · 2.6y | +41 bps A-3 · 2.7y | +43 bps A-3 · 2.7y | +61 bps A-3 · 2.7y | +45 bps A-3 · 2.6y | 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 2026-B | HAROT 2026-2 | TAOT 2026-B | GMCAR 2026-2 | FCAOT 2026-A | HART 2026-A | Source | |
|---|---|---|---|---|---|---|---|
| Collateral (pool at cut-off) | |||||||
| Closing date | 2026-05-13 | 2026-05-13 | 2026-04-21 | 2026-04-15 | 2026-03-24 | 2026-02-18 | 424B5 |
| Pool balance | $1,406.0MM | $2,159.3MM | $2,000.6MM | $1,335.0MM | $1,489.0MM | $2,392.4MM | 424B5 |
| WA Credit Score | 759−11 | 768 | 770 | 777 | 754 | 775 | 424B5 |
| WA APR | 5.79%+0.40pp | 4.99% | 5.57% | 6.81% | 4.84% | 5.39% | 424B5 |
| WA original term mo | 68.6+2.6 | 61.9 mo | 66.0 mo | 70.0 mo | 65.8 mo | 67.2 mo | 424B5 |
| % new vehicles | 98.1% | 86.1% | 87.6% | 80.8% | 93.8% | 97.5% | 424B5 |
| Geo top-3 | FL 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% | 424B5 |
| Enhancement beneath the AAA term notes | |||||||
| Enhancement, initial | 4.75%−0.50pp | 2.75% | 2.75% | 6.10% | 5.25% | 7.55% | calc |
| Enhancement, target | 5.65% | — | 3.60% | 6.10% | 7.25% | 8.05% | calc |
| Subordinate notes | 4.5%+1.4pp | 0.0% | 2.5% | 3.1% | 5.0% | 4.8% | calc |
| OC (initial) | 0.00% | 2.50% | 0.00% | 2.75% | 0.00% | 2.50% | 424B5 |
| OC target | 0.90% | — | 0.85% | 2.75% | 2.00% | 3.00% | 424B5 |
| OC floor | 0.50% | — | 0.85% | 2.75% | 2.00% | 3.00% | 424B5 |
| Reserve account | 0.25% | 0.25% | 0.25% | 0.25% | 0.25% | 0.25% | 424B5 |
| YSOC | 6.38% | n.a. | 5.03% | 2.19% | 4.56% | 5.70% | 424B5 |
| Pricing | |||||||
| AAA spread | +46 bps+7bps A-3 · 2.6y | +39 bps A-3 · 2.4y | +39 bps A-3 · 2.5y | +39 bps A-3 · 2.7y | +42 bps A-3 · 2.4y | +34 bps A-3 · 2.5y | FWP |
| Terms | |||||||
| Tranches | 7 | 5 | 6 | 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.
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.
World Omni Financial Corp. — ticker WOART.
Peer tier: prime.
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FICO sub-band and new/used stratification.