FREE WRITING PROSPECTUS Dated February 3, 2021 | Filed Pursuant to Rule 433 Registration No. 333-228112 Registration No. 333-228112-08 |
*PRICING DETAILS $1.1bn World Omni Auto Receivables Trust (WOART) 2021-A
Joint Leads: Mizuho (str), BofA, TD, Wells
Co-Mgrs: Barclays, MUFG, PNC, Truist
CLS | $AMT(MM)* | WAL | S&P/FITCH** | E.FIN | L.FIN | BNCH | SPRD | YLD% | CPN% | $PX |
A-1 | 195.000 | 0.21 | A-1+/F1+ | 7/21 | 2/15/22 | IntL | - 4 | 0.13857 | 0.13857 | 100.00000 |
A-2 | 363.000 | 0.97 | AAA/AAA | 9/22 | 2/15/24 | EDSF | + 0 | 0.173 | 0.17 | 99.99717 |
A-3 | 390.600 | 2.43 | AAA/AAA | 8/24 | 1/15/26 | IntS | + 7 | 0.303 | 0.30 | 99.99319 |
A-4 | 100.020 | 3.76 | AAA/AAA | 12/24 | 9/15/26 | IntS | + 10 | 0.483 | 0.48 | 99.99064 |
B | 33.030 | 3.85 | AA/AA | 12/24 | 12/15/26 | IntS | + 25 | 0.645 | 0.64 | 99.98429 |
C | 16.520 | 3.85 | A/A | 12/24 | 8/16/27 | IntS | + 50 | 0.895 | 0.89 | 99.98738 |
** Minimum required ratings
-Please note change in WALs and Exp. Finals from pre-marketing message
Transaction Details:
* Ticker | : WOART 2021-A |
* Offered Size | : ~$1.1bn |
* Registration | : Public/SEC Registered |
* Pricing speed | : 1.30% ABS to Call |
* Expected Ratings | : S&P, Fitch |
* ERISA Eligible | : Yes |
* EU RR Eligible | : No |
* Min denoms | : $1k x $1k |
* Expected Settlement | : February 10, 2021 |
* First Payment Date | : March 15, 2021 |
* Pricing | : today ~ Priced |
* Bill and Deliver | : Mizuho |
Available Information:
* Preliminary Prospectus (Attached)
* Roadshow: www.dealroadshow.com
Passcode: WOART21A
* Intex CDI File (Attached)
Intex Dealname: mzwoar21a_upsize
Password: A97J
CUSIPS:
A1 98164E AA3
A2 98164E AB1
A3 98164E AC9
A4 98164E AD7
B 98164E AE5
C 98164E AF2
The issuer has filed a registration statement (including a base prospectus) with the SEC for the offering to which this free writing prospectus relates. Before you invest in this offering, you should read the base 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 website at www.sec.gov. Alternatively, Mizuho will arrange to send you a prospectus at no charge if you request it by calling Toll Free: 866-271-7403.