WORLD OMNI AUTO RECEIVABLES LLC 8-K
Accession 0001104659-26-005071
Filed
Jan 19, 7:00 PM ET
Accepted
Jan 20, 4:23 PM ET
Size
75.5 KB
Accession
0001104659-26-005071
Research Summary
AI-generated summary of this filing
World Omni Auto Receivables LLC Amends Sale & Servicing Agreement
What Happened World Omni Auto Receivables LLC filed an 8-K reporting that, on January 13, 2026, the Issuing Entity (World Omni Auto Receivables Trust 2024‑B), the Depositor (World Omni Auto Receivables LLC), the Servicer (World Omni Financial Corp.) and other parties executed an Omnibus Amendment to the Sale and Servicing Agreement (originally dated May 22, 2024). The amendment revises the definitions of delinquent and defaulted receivables and updates the related delinquency reporting obligations. Wilmington Trust, National Association acknowledged and consented to the amendment in its role as indenture trustee and account bank.
Key Details
- Amendment date: January 13, 2026; original agreement dated May 22, 2024.
- Parties: World Omni Auto Receivables Trust 2024‑B (Issuing Entity), World Omni Auto Receivables LLC (Depositor), World Omni Financial Corp. (Servicer), Wilmington Trust, N.A. (account bank & indenture trustee).
- Scope: Changes to definitions of delinquent/defaulted receivables and corresponding delinquency reporting requirements.
- The Omnibus Amendment is filed as Exhibit 4.1 to the 8‑K.
Why It Matters For investors in the trust or related securities, changes to how delinquency and defaulted receivables are defined and reported can affect transparency and timing of performance metrics for the receivable pool. This amendment adjusts contract terms governing servicing and reporting but does not itself report earnings, credit losses or cash flow changes — it updates operational definitions and reporting obligations that could influence future disclosures about portfolio performance.
Issuer
WORLD OMNI AUTO RECEIVABLES LLC
CIK 0001083199
Related Parties
3- filerCIK 0001083199
- depositorCIK 0001083199
- sponsorCIK 0001004150
Filing Metadata
- Form type
- 8-K
- Filed
- Jan 19, 7:00 PM ET
- Accepted
- Jan 20, 4:23 PM ET
- Size
- 75.5 KB