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BCS

Current Report · Items 1.01, 8.01, 9.01 · 8-K

World Omni Select Auto Trust 2026-A

Entry into a Material Definitive Agreement · Other Events

Item 1.01. Entry into a Material Definitive Agreement On July 16, 2026, World Omni Financial Corp. (“World Omni”) and World Omni Auto Receivables LLC (the “Depositor”) entered into an Underwriting Agreement with Mizuho Securities USA LLC, MUFG Securities Americas Inc.…

Filed Jul 20, 2026Accepted Jul 20, 2026, 3:23 PM EDTCIK 2140699Accession 0001104659-26-085037
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Recent company filings

  1. 10-D filingOct 29, 2026
  2. ABS-EE filingOct 29, 2026
  3. 10-D filingSep 29, 2026
  4. ABS-EE filingSep 29, 2026
  5. 10-D filingAug 28, 2026

Disclosure sections

Items 1.01, 8.01, 9.01

Select an item to read the extracted section. The as-filed document remains the primary evidence.

Item 1.01Item 1.01 - Entry into Material Agreement
Item 1.01. Entry into a Material Definitive Agreement On July 16, 2026, World Omni Financial Corp. (“World Omni”) and World Omni Auto Receivables LLC (the “Depositor”) entered into an Underwriting Agreement with Mizuho Securities USA LLC, MUFG Securities Americas Inc. and Wells Fargo Securities, LLC, on behalf of themselves and as representatives of the several underwriters (collectively, the “Underwriters”), whereby each of the Underwriters has severally agreed to purchase $615,190,000 aggregate principal balance of the Notes to be issued by World Omni Select Auto Trust 2026-A (the “Issuing Entity”), a Delaware statutory trust created pursuant to that certain Trust Agreement, dated as of June 10, 2026, as will be amended and restated by the Trust Agreement, to be dated as of July 29, 2026, each by and between the Depositor and Wilmington Trust, National Association, as owner trustee (the “Owner Trustee”). The Underwriting Agreement provides that the obligations of the Underwriters are subject to specified conditions precedent and that the Underwriters will purchase all the Notes (as defined below) if any of the Notes are purchased. World Omni and the Depositor have agreed to indemnify the Underwriters against some liabilities, including civil liabilities under the Securities Act, or contribute to payments which the Underwriters may be required to make in respect of some liabilities, including civil liabilities under the Securities Act. The sale of the Notes has been registered pursuant to the Securities Act of 1933 (as amended, the “Securities Act”) under a Registration Statement on Form SF-3 (Commission File No. 333-283578) filed on December 4, 2024 and as amended by Pre-Effective Amendment No. 1 on January 13, 2025. It is anticipated that the Notes will be issued on or about July 29, 2026 (the “Issuance Date”). The Underwriting Agreement is filed as an exhibit hereto.
Item 8.01Item 8.01 - Other Events
Item 8.01. Other Events. The registrant has filed a final prospectus, dated July 16, 2026, setting forth a description of the collateral pool and the structure of $117,600,000 aggregate principal amount of the Class A-1 Asset-Backed Notes (the “Class A-1 Notes”), $206,940,000 aggregate principal amount of the Class A-2a Asset-Backed Notes (the “Class A-2a Notes”), $40,000,000 aggregate principal amount of the Class A-2b Asset-Backed Notes (the “Class A-2b Notes” and, together with the Class A-2a Notes, the “Class A-2 Notes”), $186,940,000 aggregate principal amount of the Class A-3 Asset-Backed Notes (the “Class A-3 Notes”), $29,260,000 aggregate principal amount of the Class B Asset-Backed Notes (the “Class B Notes”), and $34,450,000 aggregate principal amount of the Class C Asset-Backed Notes (the “Class C Notes” and, together with the Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes and the Class B Notes, the “Notes”) to be issued by the Issuing Entity. The Notes are being offered publicly for sale. On the Issuance Date, the Depositor will enter into an amended and restated Trust Agreement, in substantially the form of which is filed as an exhibit hereto, with the Owner Trustee, relating to the Issuing Entity. On the Issuance Date, World Omni and the Depositor will enter into a Receivables Purchase Agreement, in substantially the form of which is filed as an exhibit hereto, pursuant to which specified motor vehicle retail installment sale contracts and related property will be sold by World Omni to the Depositor. On the Issuance Date, the Issuing Entity, the Depositor, World Omni, as servicer (the “Servicer”), and U.S. Bank National Association, a national banking association, as account bank (the “Account Bank”), will enter into a Sale and Servicing Agreement, in substantially the form of which is filed as an exhibit hereto, pursuant to which motor vehicle retail installment sale contracts and related property will be transferred by the Depositor to the Issuing Entity, and the Issuing Entity will engage World Omni to service those assets. On the Issuance Date, the Issuing Entity will issue to the Depositor the Notes pursuant to an Indenture, in substantially the form of which is filed as an exhibit hereto, to be entered into by and among the Issuing Entity, U.S. Bank Trust Company, National Association, a national banking association, as indenture trustee (the “Indenture Trustee”), and the Account Bank. On the Issuance Date, the Issuing Entity, the Indenture Trustee, the Depositor and World Omni, as administrator (the “Administrator”), will enter into an Administration Agreement, in substantially the form of which is filed as an exhibit hereto, pursuant to which the Administrator agrees to perform certain duties and obligations of the Issuing Entity and the Owner Trustee under the transaction documents. On the Issuance Date, the Issuing Entity, the Servicer, the Administrator, and Clayton Fixed Income Services LLC, as asset representations reviewer (the “Asset Representations Reviewer”), will enter into an Asset Representations Review Agreement, in substantially the form of which is filed as an exhibit hereto, pursuant to which the Asset Representations Reviewer will agree to perform, upon satisfaction of certain trigger events, reviews of certain receivables for compliance with the representations and warranties made by World Omni about such receivables. Legal opinions and a consent of Mayer Brown LLP are attached as Exhibit 5.1 and Exhibit 8.1. In connection with the offering of the Notes, the chief executive officer of the Registrant has made the certifications required by Paragraph I.B.1(a) of Form SF-3 attached as Exhibit 36.1. The certification is being filed on this Current Report to satisfy the requirements of Item 601(b)(36) of Regulation S-K.
Filed exhibits (5)
EX-4.1 (by filename) tm2620052d10_ex4-1.htm

EXHIBIT 4.1 SALE AND SERVICING AGREEMENT among WORLD OMNI SELECT AUTO TRUST 2026-A, Issuing Entity, WORLD OMNI AUTO RECEIVABLES LLC, Depositor, WORLD OMNI FINANCIAL CORP., Servicer, and U.S. BANK NATIONAL ASSOCIATION, Account Bank Series 2026-A Dated as of July 29, 2026 TABLE OF CONTENTS ─────────────────────────────── Page ARTICLE I DEFINITIONS 4 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────── Section 1.01 Definitions 4 ARTICLE II CONVEYANCE OF RECEIVABLES 4 Section 2.01 Conveyance of Receivables 4 Section 2.02 Intention of Parties 5 ARTICLE III THE RECEIVABLES …

Open exhibit ↗
EX-4.2 (by filename) tm2620052d10_ex4-2.htm

EXHIBIT 4.2 INDENTURE among WORLD OMNI SELECT AUTO TRUST 2026-A, as Issuing Entity, U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, as Indenture Trustee, and U.S. BANK NATIONAL ASSOCIATION, as Account Bank Dated as of July 29, 2026 TABLE OF CONTENTS Page Article I Definitions and Incorporation by Reference Section 1.01 Definitions 2 Section 1.02 Incorporation by Reference 2 of Trust Indenture Act Article II The Notes Section 2.01 Form 3 Section 2.02 Execution, Authentication 3 and Delivery Section 2.03 Temporary Notes 4 Section 2.04 Transfer Restrictions on 5 Notes Section 2.05 Registration; Registration 7 of Transfer and Exchange Section 2.06 Muti…

Open exhibit ↗
EX-4.3 (by filename) tm2620052d10_ex4-3.htm

EXHIBIT 4.3 TRUST AGREEMENT between WORLD OMNI AUTO RECEIVABLES LLC, as Depositor, and WILMINGTON TRUST, NATIONAL ASSOCIATION, as Owner Trustee Dated as of July 29, 2026 TABLE OF CONTENTS Page ARTICLE I Definitions 1 Section 1.01 Capitalized Terms 1 ARTICLE II Organization 1 Section 2.01 Name 1 Section 2.02 Office 1 Section 2.03 Purposes and Powers 2 Section 2.04 Appointment of Owner Trustee 2 Section 2.05 Initial Capital Contribution of Owner Trust Estate 2 Section 2.06 Declaration of Trust 3 Section 2.07 Liabil…

Open exhibit ↗
EX-99.1 (by filename) tm2620052d10_ex99-1.htm

EXHIBIT 99.1 RECEIVABLES PURCHASE AGREEMENT by and between WORLD OMNI FINANCIAL CORP. and WORLD OMNI AUTO RECEIVABLES LLC Dated as of July 29, 2026 TABLE OF CONTENTS Page No. ARTICLE I Certain Definitions 1 ────────────────────────────────────────────────────────────────────────────────────────────────── SECTION 1.01 Definitions 1 ARTICLE II Conveyance of Receivables 2 SECTION 2.01 Conveyance of Receivables 2 SECTION 2.02 Purchase Price 2 SECTION 2.03 Intention of Parties 3 SECTION 2.04 The Closing 3 ARTICLE III Representations and 3 Warranties SECTION 3.01 Representations and Warranties of WOAR 3 SECTION 3.02 …

Open exhibit ↗
EX-99.2 (by filename) tm2620052d10_ex99-2.htm

EXHIBIT 99.2 ADMINISTRATION AGREEMENT among WORLD OMNI SELECT AUTO TRUST 2026-A as Issuing Entity, WORLD OMNI FINANCIAL CORP., as Administrator, WORLD OMNI AUTO RECEIVABLES LLC, as Depositor, and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, as Indenture Trustee Dated as of July 29, 2026 TABLE OF CONTENTS Page SECTION 1. DUTIES OF THE ADMINISTRATOR 2 SECTION 2. RECORDS 11 SECTION 3. COMPENSATION 11 SECTION 4. ADDITIONAL INFORMATION TO BE FURNISHED TO THE ISSUING 11 ENTITY SECTION 5. INDEPENDENCE OF THE ADMINISTRATOR 11 SECTION 6. NO JOINT VENTURE 11 SECTION 7. OTHER ACTIVITIES OF ADMINISTRATOR 12 SECTION 8. TERM OF AGREEMENT; RESIGNATION AND REMOVAL OF ADMINISTRATOR 12 SECTION 9. ACTION UPON TERMINATION, RESIGNATION OR REMOVAL 13 SECTION 10. NOTICES …

Open exhibit ↗

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