Fitch Issues Presale On World Omni Auto Receivables Trust 2002-A

    NEW YORK--June 24, 2002--Fitch Ratings has issued a presale report on World Omni Auto Receivables Trust 2002-A, discussing the rating analysis behind Fitch's expected 'F1+/AAA' ratings on the class A notes and 'A' ratings on the class B notes. The securities are backed by a pool of retail installment sales contracts secured by new and used automobiles and light duty trucks.
    The presale report is available to all investors on Fitch's corporate site, 'www.fitchratings.com' or by contacting Maria Sedlack at 212/908-0539 or via e-mail, 'maria.sedlack@fitchratings.com'. For more information about Fitch's comprehensive subscription service FitchResearch, which includes all presale reports, surveillance, and credit reports on more than twenty asset classes, contact product sales at 212/908-0800 or at 'webmaster@fitchratings.com'.