FREE WRITING PROSPECTUS Dated January 31, 2024 | Filed Pursuant to Rule 433 Registration No. 333-261470 Registration No. 333-261470-10 |
World Omni Auto Receivables Trust 2024-A
Issuing Entity
World Omni Auto Receivables LLC
Depositor
World Omni Financial Corp.
Servicer and Sponsor
The depositor has filed with the Securities and Exchange Commission (“SEC”) a preliminary prospectus dated January 31, 2024, which describes the notes to be issued by the issuing entity. You should review the preliminary prospectus in its entirety before deciding to purchase any of the notes.
Ratings
It is a condition to the issuance of the notes (other than any classes of notes that are entirely retained by the depositor or one or more affiliates thereof on the closing date, which may not be rated if retained) that, on the closing date, each class of notes will receive at least the following ratings from S&P Global Ratings, a division of S&P Global (“Standard & Poor’s”), and Fitch Ratings, Inc. (“Fitch”):
| Class | Standard & Poor’s | Fitch | ||||||
| A-1 | A-1+ (sf) | F1+sf | ||||||
| A-2 | AAA (sf) | AAAsf | ||||||
| A-3 | AAA (sf) | AAAsf | ||||||
| A-4 | AAA (sf) | AAAsf | ||||||
| B | AA (sf) | AAsf | ||||||
| C | A (sf) | Asf |
Joint Bookrunners of the Class A Notes
| Mizuho | MUFG | Truist Securities | Wells Fargo Securities |
Co-Managers of the Class A Notes
| BofA Securities | Siebert Williams Shank |
Underwriters of the Class B Notes and the Class C Notes
| Mizuho | MUFG | Truist Securities | Wells Fargo Securities |
STATEMENT REGARDING THIS FREE WRITING PROSPECTUS
The depositor 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 depositor has filed with the SEC for more complete information about the issuer, the depositor and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the depositor, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling 1-866-271-7403.