FREE WRITING PROSPECTUS Dated May 11, 2021 | Filed Pursuant to Rule 433 Registration No. 333-228112 Registration No. 333-228112-09 |
$1,061,200,000 World Omni Auto Receivables Trust (WOART) 2021-B
JT-Leads: BofA (struc), MUFG, TD, Truist
Co-Mgrs : Barclays, Comerica, PNC, Regions
Size CLS | ($mm) | WAL | (Min Rtgs*) S&P/F | PWIN | E.FINAL | L.FINAL | BENCH | SPRD | YLD | CPN | $PRICE |
A-1 | 180.500 | 0.25 | A-1+/F1+ | 1-6 | 11/21 | 5/16/22 | ILIB | – 5 | 0.11025 | 100.00000 | |
A-2 | 368.090 | 1.11 | AAA/AAA | 6-21 | 2/23 | 7/15/24 | EDSF | + 1 | 0.203 | 0.20 | 99.99678 |
A-3 | 368.080 | 2.58 | AAA/AAA | 21-43 | 12/24 | 6/15/26 | ISWP | + 7 | 0.426 | 0.42 | 99.98559 |
A-4 | 96.650 | 3.83 | AAA/AAA | 43-47 | 4/25 | 6/15/27 | ISWP | + 7 | 0.697 | 0.69 | 99.97740 |
B | 31.920 | 3.91 | AA/AA | 47-47 | 4/25 | 6/15/27 | ISWP | + 40 | 1.046 | 1.04 | 99.98574 |
C | 15.960 | 3.91 | A/A | 47-47 | 4/25 | 12/15/27 | ISWP | + 65 | 1.296 | 1.29 | 99.99043 |
*Minimum Required Ratings
www.dealroadshow.com/e/WOART21B | INTEXNET | : | baswoar21b_upsize K7JK | |||
BILL & DELIVER | : | BofA | BBG TICKER | : | WOART 2021-B | |
EXPECTED RATINGS | : | S&P/Fitch | FORMAT | : | SEC Registered | |
EXPECTED PRICING | : | Pxd 5/11/21 | FIRST PAY DATE | : | 6/15/21 | |
EXPECTED SETTLE | : | 5/19/21 | PXG SPEED | : | 1.3% ABS to 10% CALL | |
ERISA ELIGIBLE | : | Yes | DENOMS | : | $1k x $1k |
CUSIPS A-1 | 98163LAA8 |
A-2 | 98163LAB6 |
A-3 | 98163LAC4 |
A-4 | 98163LAD2 |
B | 98163LAE0 |
C | 98163LAF7 |
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.