EFCAR, LLC 8K

Exeter Finance LLC and EFCAR, LLC entered into an Underwriting Agreement for the public offering and sale of multiple classes of auto loan asset-backed notes issued by Exeter Automobile Receivables Trust 2026-2 under an existing SF-3 shelf registration.

The Form 8-K reports that Exeter Finance LLC, as Sponsor, and EFCAR, LLC, as Seller, entered into an Underwriting Agreement dated March 20, 2026 with Barclays Capital Inc., BNP Paribas Securities Corp., and Mizuho Securities USA LLC, as representatives of the underwriters, for the public offering of multiple classes of asset-backed notes to be issued by Exeter Automobile Receivables Trust 2026-2 under an SF-3 shelf registration statement. The Seller has authorized and will issue eight classes of Exeter Automobile Receivables Trust 2026-2 asset-backed notes, of which specified amounts of the Class A-1, A-2, A-3, B, C and D Notes (the “Offered Notes”) will be sold to the underwriters for public distribution, while most of the Class E Notes and the Class N Notes will be privately placed primarily with institutional investors. The notes will be issued pursuant to an Indenture dated as of March 9, 2026 among the Trust, Exeter Holdings Trust 2026-2 and Citibank, N.A., as indenture trustee, in connection with a securitization of a pool of retail installment sale contracts for automobiles and light trucks, with related Sale and Servicing, Trust, Holding Trust, Purchase, Custodian, Asset Representations Review and deposit account control agreements; the filing describes the structure, regulatory compliance representations, and closing and settlement mechanics for this securitization transaction.

Filing Facts

CIK

1654238

Ticker

-

Form

8K

Source Type

sec

Accession

0000929638-26-001121

Alert Tier

6