SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: July 19, 2000
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(Date of earliest event reported)
Commission File No.: 333-35542
World Omni Auto Receivables LLC
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Delaware 52-2184798
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(States of Incorporation) (I.R.S. Employer
Identification Nos.)
190 N.W. 12th Avenue
Deerfield Beach, Florida 33442
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Address of principal executive office (Zip Code)
(954) 429-2200
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Registrant's Telephone Number, including area code
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(Former name, former address and former fiscal year, if changed since
last report)
<PAGE>
ITEM 5. Other Events
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On July 17, 2000, World Omni Auto Receivables LLC, a Delaware
limited liability company (the "Registrant"), entered into a trust agreement
with The Bank of New York and The Bank of New York (Delaware) creating World
Omni Auto Receivables Trust 2000-A (the "Trust"), a Delaware business trust. On
July 19, 2000, the Trust, the Registrant, as seller, World Omni Financial Corp.,
as servicer (the "Servicer") and The Chase Manhattan Bank entered into a Sale
and Servicing Agreement, dated as of June 1, 2000 (the "Sale and Servicing
Agreement"), a copy of which is filed as an exhibit hereto, pursuant to which
motor vehicle retail installment sale contracts and related property were
transferred to the Trust. On July 19, 2000 the Trust sold Auto Receivables
Backed Notes, Series 2000-A, Class A-1, Class A-2, Class A-3 and Class A-4 (the
"Notes"), having an aggregate original principal amount of $765,976,000.00. The
Notes were issued pursuant to an Indenture (the "Indenture"), dated as of June
1, 2000, between the Trust and The Chase Manhattan Bank, as indenture trustee, a
copy of which is filed as an exhibit hereto. The Notes were sold to First Union
Securities, Inc., Banc of America Securities LLC, Chase Securities Inc. and
Dresdner Kleinwort Benson NA LLC, as underwriters, pursuant to an Underwriting
Agreement, dated as of July 13, 2000, (the "Underwriting Agreement"), by and
among the Registrant, the Servicer and First Union Securities Inc., as
representative of the underwriters, a copy of which is filed as an exhibit
hereto.
Interest on the Notes will be distributed on each Payment Date (as
defined in the Indenture). Monthly distributions in reduction of the principal
amount of the Notes will be allocated to the Notes in accordance with the
priorities set forth in the Indenture.
<PAGE>
ITEM 7. Financial Statements and Exhibits
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(c) Exhibits
Item 601(a)
of Regulation S-K
Exhibit No. Description
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(EX-1.1) Underwriting Agreement, dated as of July
13, 2000, among World Omni Auto
Receivables LLC, World Omni Financial
Corp. and First Union Securities Inc.
(EX-4.1) Sale and Servicing Agreement, dated as
of June 1, 2000, among World Omni Auto
Receivables LLC, World Omni Auto
Receivables Trust 2000-A, World Omni
Financial Corp. and The Chase Manhattan
Bank.
(EX-4.2) Indenture, dated as of June 1, 2000,
between World Omni Auto Receivables LLC
and The Chase Manhattan Bank.
<PAGE>
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
WORLD OMNI AUTO RECEIVABLES LLC
July 19, 2000
By: /s/ PATRICK OSSENBECK
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Name: Patrick Ossenbeck
Title: Assistant Treasurer
<PAGE>
INDEX TO EXHIBITS
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Paper (P) or
Exhibit No. Description Electronic (E)
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(EX-1.1) Underwriting Agreement, dated E
as of July 13, 2000, among
World Omni Auto Receivables
LLC, World Omni Financial
Corp. and First Union
Securities Inc.
(EX-4.1) Sale and Servicing Agreement, E
dated as of June 1, 2000,
among World Omni Auto
Receivables LLC, World Omni
Auto Receivables Trust
2000-A, World Omni Financial
Corp. and The Chase Manhattan
Bank.
(EX-4.2) Indenture, dated as of June 1, E
2000, between World Omni Auto
Receivables LLC and The Chase
Manhattan Bank.
