FREE WRITING PROSPECTUS Dated August 11, 2020 | Filed Pursuant to Rule 433 Registration No. 333-228112 Registration No. 333-228112-06 |
$1,255,740,000 World Omni Auto Receivables 2020-C
JT-Leads: BofA(struc), Mizuho, MUFG, Truist Co-Mgrs: Barc, Siebert, TD, USB
Size CLS | ($mm) | WAL | S&P/Fitch* | EXP | LEGAL | BENCH | SPREAD | YLD | CPN | $PRICE | |
A-1 | 210.000 | 0.26 | A-1+/F1+ | 2/21 | 8/16/21 | IntL | - 5 | 0.20684 | $100.00000 | ||
A-2 | 467.740 | 1.18 | AAA/AAA | 7/22 | 12/15/23 | EDSF | + 12 | 0.359 | 0.35 | 99.98969 | |
A-3 | 416.710 | 2.73 | AAA/AAA | 5/24 | 11/17/25 | ISWP | + 24 | 0.490 | 0.48 | 99.97425 | |
A-4 | 104.620 | 3.94 | AAA/AAA | 8/24 | 10/15/26 | ISWP | + 32 | 0.614 | 0.61 | 99.98749 | |
B | 37.770 | 3.99 | AA/AA | 8/24 | 10/15/26 | ISWP | + 58 | 0.876 | 0.87 | 99.98274 | |
C | 18.900 | 3.99 | A/A | 8/24 | 5/17/27 | ISWP | + 110 | 1.396 | 1.39 | 99.99242 |
*Minimum required ratings
BILL & DELIVER | : | BofA | BBG TICKER | : | WOART 20-C |
EXPECTED RATINGS | : | S&P/FITCH | REGISTRATION | : | PUBLIC |
EXPECTED SETTLE | : | 08/19/20 | FIRST PAY DATE | : | 09/15/20 |
EXPECTED PRICING | : | Priced 8/11/20 | PXG SPEED | : | 1.3% ABS to 10% CALL |
ERISA ELIGIBLE | : | YES | DENOMS | : | $1k/$1k |
INTEXNET | : | baswoar20c_upsize 7JX6 |
www.dealroadshow.com WOART20C
CUSIPS :
A1 98163CAA8
A2 98163CAB6
A3 98163CAD2
A4 98163CAF7
B 98163CAG5
C 98163CAH3
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-294-1322 or you may e-mail a request to prospectus_request@bofa.com.