What changed
World Omni Financial Corp. entered into a receivables purchase agreement dated August 26, 2026 to sell certain motor vehicle retail installment sale contracts to World Omni Auto Receivables LLC. The receivables will be transferred to World Omni Auto Receivables Trust 2026-C, which will issue $206,000,000 Class A-1 3.908% notes, $286,000,000 Class A-2a 4.27% notes, $75,000,000 Class A-2b floating rate notes, $329,000,000 Class A-3 4.60% notes, $69,580,000 Class A-4 4.68% notes, $30,330,000 Class B 4.80% notes, and $15,170,000 Class C 4.95% notes. The notes are secured by the receivables.
Why it matters
World Omni Financial Corp. entered into a receivables purchase agreement dated August 26, 2026 to sell certain motor vehicle retail installment sale contracts to World Omni Auto Receivables LLC. The receivables will be transferred to World Omni Auto Receivables Trust 2026-C, which will issue $206,000,000 Class A-1 3.908% notes, $286,000,000 Class A-2a 4.27% notes, $75,000,000 Class A-2b floating rate notes, $329,000,000 Class A-3 4.60% notes, $69,580,000 Class A-4 4.68% notes, $30,330,000 Class B 4.80% notes, and $15,170,000 Class C 4.95% notes. The notes are secured by the receivables.