FREE WRITING PROSPECTUS Dated June 16, 2020 | Filed Pursuant to Rule 433 Registration No. 333-228112 Registration No. 333-228112-05 |
*Full Pxing Details* $847+MM World Omni Auto Receivables Trust (WOART) 2020-B
Joint Leads: Wells Fargo (struc), Suntrust, TD
Co-Managers: Barclays, PNC
Expected CLS | AMT($MM) | S&P/F** | WAL | L.FIN | BENCH | SPREAD | CPN% | YLD% | $PRICE |
A1 | 169.000 | A-1+/F1+ | 0.27 | 07/21 | IntL | + -5 | .26763% | .26763% | $100.00000 |
A2A | 231.800 | AAA/AAA | 1.08 | 07/23 | EDSF | + 25 | .55% | .552% | $99.99854 |
A2B | 50.000 | AAA/AAA | 1.08 | 07/23 | 1mL | + 25 | 1mL+25 | $100.00000 | |
A3 | 281.800 | AAA/AAA | 2.50 | 05/25 | IntS | + 36 | .63% | .634% | $99.99216 |
A4 | 76.830 | AAA/AAA | 3.73 | 01/26 | IntS | + 52 | .82% | .828% | $99.97585 |
B | 25.500 | AA/AA | 3.81 | 03/26 | IntS | + 92 | 1.22% | 1.232% | $99.96710 |
C | 12.750 | A/A | 3.81 | 12/26 | IntS | *Retained* |
** Minimum expected ratings
- TRANSACTION SUMMARY -
Offered Size | : | $834.93MM (no grow) | Min Denoms | : | $1k x $1k | |
Registration | : | SEC Registered | Pxing Speed | : | 1.3 ABS to 10% Call | |
Expected Ratings | : | S&P/Fitch | Bill & Deliver | : | Wells Fargo | |
Ticker | : | WOART 2020-B | Erisa | : | Yes | |
Expected Settle | : | 06/24/20 | Pricing | : | PRICED | |
First Pay Date | : | 07/15/20 |
- AVAILABLE INFORMATION -
Preliminary Prospectus and FWP (Attached)
Intex CDI File (Attached)
Intex Dealname: wswoart2020b Password: X9AB
Deal Roadshow Login Details
* URL https://dealroadshow.com
* Entry Code (Case Sensitive): WOART20B
* Direct Link: https://dealroadshow.com/e/WOART20B
If this communication relates to an offering of US registered securities (i) a registration statement has been filed with the SEC, (ii) before investing you should read the filed documents, and (iii) you may obtain these documents from your sales representative, by calling 1-800-326-5897 or visiting www.sec.gov.