World Omni Auto Receivables LLC has entered into an underwriting agreement dated November 6, 2026, with Truist Securities, Inc., Mizuho Securities USA LLC, TD Securities (USA) LLC, and Wells Fargo Securities, LLC. The agreement establishes that the underwriters have agreed to purchase an aggregate principal balance of $970,860,000 of various classes of Asset-Backed Notes to be issued by World Omni Auto Receivables Trust 2026-D.
The transaction is structured as a Delaware statutory trust. The notes to be issued include Class A-1, Class A-2a, Class A-2b, Class A-3, Class A-4, Class B, and Class C notes. According to the final prospectus filed with the report, the aggregate principal amounts for these classes are:
- Class A-1 Notes: $194,100,000
- Class A-2a Notes: $305,150,000
- Class A-2b Notes: $48,000,000
- Class A-3 Notes: $353,150,000
- Class A-4 Notes: $55,450,000
- Class B Notes: $30,020,000
- Class C Notes: $15,010,000
The Class A notes are being offered publicly for sale, while the Class B notes are not being offered publicly and will be retained by the registrant or its affiliates. The Issuing Date is anticipated to be on or about November 18, 2026. The sale of the notes is registered under the Securities Act of 1933.
The transaction involves the transfer of motor vehicle retail installment sale contracts and related property from World Omni Financial Corp. to the Depositor, which will then transfer them to the Issuing Entity. World Omni Financial Corp. will act as the servicer and administrator for the assets. The transaction documents include a Sale and Servicing Agreement, an Indenture, and a Trust Agreement, among others.
