FREE WRITING PROSPECTUS Dated August 8, 2023 | Filed Pursuant to Rule 433 Registration No. 333-261470 Registration No. 333-261470-08 |
Subject: ABS: $1.038+BLN World Omni Prime Auto Loan (WOART) 2023-C - Pxg Details
WORLD OMNI AUTO RECEIVABLES TRUST 2023-C (WOART 2023-C)
JOINT BOOKRUNNERS: BofA (struc), JPM, MUFG and Truist
CO-MANAGERS: MIZ, WF
CLS | $SZ($mm) | WAL | SP/FTCH | EXP | LEGAL | BENCH | YIELD | PRICE | CPN | |||||||||||
A-1 | 216.100 | 0.23 | A-1+/F1+ | 02/24 | 08/15/24 | I-CURV | + 18 | 5.607 | 100.00000 | 5.607 | ||||||||||
A-2a | 221.500 | 1.10 | AAA/AAA | 05/25 | 12/15/26 | I-CURV | + 41 | 5.641 | 99.99385 | 5.57 | ||||||||||
A-2b | 154.000 | 1.10 | AAA/AAA | 05/25 | 12/15/26 | SOFR30A | + 41 | 100.00000 | ||||||||||||
A-3 | 316.300 | 2.58 | AAA/AAA | 03/27 | 11/15/28 | I-CURV | + 67 | 5.211 | 99.98727 | 5.15 | ||||||||||
A-4 | 84.000 | 3.77 | AAA/AAA | 06/27 | 11/15/29 | I-CURV | + 80 | 5.089 | 99.97990 | 5.03 | ||||||||||
B | 31.200 | 3.83 | AA/AA | 06/27 | 11/15/29 | I-CURV | ||||||||||||||
C | 15.650 | 3.83 | A/A | 06/27 | 09/16/30 | I-CURV |
BILL & DELIVER | : BofA | DEAL SIZE | : $1,038.750mm | |
EXPECTED RATINGS | : S&P, Fitch | BBG TICKER | : WOART 2023-C SSAP: world1 | |
ERISA ELIGIBLE | : Yes | FORMAT | : SEC Registered | |
EXPECTED SETTLE | : 8/16/23 | FIRST PAY DATE | : 9/15/23 | |
MIN DENOMS | : $1k x $1k | PXG SPEED | : 1.3% ABS to 10% Call | |
CUSIPS A1 : 98164FAA0 |
A2A | : | 98164FAB8 |
A2B | : | 98164FAC6 |
A3 | : | 98164FAD4 |
A4 | : | 98164FAE2 |
B | : | 98164FAF9 |
C | : | 98164FAG7 |
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.