FREE WRITING PROSPECTUS Dated May 24, 2022 | Filed Pursuant to Rule 433 Registration No. 333-261470 Registration No. 333-261470-02 |
This free writing prospectus is being filed solely for the purpose of revising the reported legal final maturity date of the Class A-1 Notes.
**Pricing Details** $983mm+ World Omni (WOART 2022-B) Prime Auto Loan ABS
Joint Lead Bookrunners: MUFG (Str), TD, Truist and Wells Fargo
Co-managers: BofA, Comerica
CLS | Sz($mm) | WAL | S&P/F** | PWIN | L.Fnl | BENCH^ | Sprd | Yld% | Cpn% | $Px |
A-1 | 229.000 | 0.26 | A-1+/F1+ | 1-6 | 06/23 | I-CRV | + 48 | 1.548 | 1.548 | 100.00000 |
A-2A | 247.800 | 1.15 | AAA/AAA | 6-22 | 10/25 | I-CRV | + 72 | 2.794 | 2.77 | 99.99096 |
A-2B | 106.200 | 1.15 | AAA/AAA | 6-22 | 10/25 | SOFR* | + 57 | SOFR+57 | 100.00000 | |
A-3 | 266.000 | 2.56 | AAA/AAA | 22-41 | 07/27 | I-CRV | + 69 | 3.277 | 3.25 | 99.98787 |
A-4 | 89.920 | 3.71 | AAA/AAA | 41-45 | 03/28 | I-CRV | + 78 | 3.472 | 3.44 | 99.97484 |
B | 29.500 | 3.79 | AA/AA | 45-45 | 06/28 | I-CRV | <<Retained>> | |||
C | 14.750 | 3.79 | A/A | 45-45 | 02/29 | I-CRV | <<Retained>> |
* A-2B benchmark is SOFR30A
** Anticipated Ratings
^ Fixed rate tranches will be priced off of the GC I25 screen
- Transaction Details -
Total Size | : $983mm+ |
PXG Speed | : 1.3% ABS to 10% Call |
Expected Pricing | : PRICED |
Expected Settle | : 06/01/2022 |
First Pay Date | : 07/15/2022 |
Min Denoms | : $1k x $1k |
Format | : SEC Registered |
ERISA Eligible | : Yes |
Risk Retention | : US - Yes, EU – No |
BBG Ticker | : WOART 2022-B |
Bill & Deliver | : MUFG |
- Available Materials –
Preliminary OM, Rating FWP and Intex/CDI (attached)
Intex Deal Name : mitwoart_2022-b | Passcode U2Y7
Deal Roadshow :
URL: http://dealroadshow.com
Entry Code (Case Sensitive): WOART22B
Direct Link: https://dealroadshow.com/e/WOART22B
- CUSIPs -
A-1 98163QAA7
A-2A 98163QAB5
A-2B 98163QAC3
A-3 98163QAD1
A-4 98163QAE9
B 98163QAF6
C 98163QAG4
THE ISSUER HAS FILED A REGISTRATION STATEMENT (INCLUDING A PROSPECTUS) WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION (SEC) FOR THIS OFFERING. BEFORE YOU INVEST, YOU SHOULD READ THE PROSPECTUS FOR THIS OFFERING 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 SEARCHING THE SEC ONLINE DATABASE (EDGAR®) 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 1-877-649-6848.