IPO - WORLD OMNI AUTO RECEIVABLES LLC

Form Type: SF-3/A

Filing Date: 2025-01-13

Corporate Action: Ipo

Type: Update

Accession Number: 000110465925002685

Filing Summary: World Omni Auto Receivables LLC has filed an amendment to its registration statement under the Securities Act of 1933, indicating its plans to initiate an offering of asset-backed notes. The amendment outlines the structure and risks associated with the issuance of various classes of asset-backed notes, detailing the terms including initial principal amounts, interest rates, and payment schedules. The notes are secured by a pool of retail installment sale contracts for automotive financing. The filing clarifies that the notes represent obligations solely of the issuing entity and are not guaranteed by the depositor or its affiliates. Important risk factors are highlighted, including limited assets of the issuing entity and potential conflicts between different classes of notes. The proposed sale is contingent upon market conditions and the effective date of the registration statement, with a focus on regulatory compliance in various jurisdictions, including the UK and EU.

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