WORLD OMNI AUTO RECEIVABLES LLC Announces Underwritten Offering of Asset-Backed Notes

What Happened
World Omni Auto Receivables LLC (the “Depositor”) and World Omni Financial Corp. (“World Omni”) filed an 8-K reporting an underwriting agreement and final prospectus for a public offering of asset‑backed notes totaling $1,011,080,000. The offering is being underwritten by TD Securities (USA) LLC, Truist Securities, Inc., U.S. Bancorp Investments, Inc. and Wells Fargo Securities, LLC, and the notes are expected to be issued on or about August 26, 2026. The notes are backed by specified motor vehicle retail installment sale contracts (auto loans) that World Omni will sell to the Depositor and ultimately transfer to World Omni Auto Receivables Trust 2026‑C (the Issuing Entity).

Key Details

• Total offering: $1,011,080,000 aggregate principal amount of Asset‑Backed Notes across seven classes (Class A‑1 through Class C).
  • By class: Class A‑1 $206,000,000; A‑2a $286,000,000; A‑2b $75,000,000; A‑3 $329,000,000; A‑4 $69,580,000; Class B $30,330,000; Class C $15,170,000.
• Expected Issuance Date: on or about August 26, 2026; offering registered on Form SF‑3 (Registration No. 333‑283578).
• Transaction documents to be effective/entered on issuance date include: amended Trust Agreement, Receivables Purchase Agreement, Sale & Servicing Agreement, Indenture, Administration Agreement, and an Asset Representations Review Agreement.
• World Omni and the Depositor agreed to indemnify (or contribute to) the underwriters for certain liabilities, including civil liabilities under the Securities Act; legal opinions and the depositor CEO certification were filed as exhibits.

Why It Matters
This filing documents a securitization that converts a pool of auto retail installment contracts into marketable notes, providing the sponsor with financing tied to those receivables. For investors, the key drivers of credit and return will be the quality and performance of the underlying auto loan pool, the structure and priority of the note classes, and the legal protections in the transaction documents (including servicing arrangements and representations reviews). The indemnification of underwriters noted in the agreement is a contractual protection that can allocate certain legal risks back to World Omni and the Depositor.