TOYOTA AUTO FINANCE RECEIVABLES LLC 8K

Toyota Auto Finance Receivables LLC and TMCC executed an underwriting agreement for a July 21, 2026 closing of approximately $1.9 billion in asset-backed notes issued by Toyota Auto Receivables 2026-C Owner Trust backed by Toyota and Lexus auto loan receivables.

Toyota Auto Finance Receivables LLC, a wholly owned subsidiary of Toyota Motor Credit Corporation (TMCC), entered into an underwriting agreement dated July 14, 2026 with a syndicate of underwriters led by MUFG Securities Americas Inc., Barclays Capital Inc., BMO Capital Markets Corp., Lloyds Securities Inc., and TD Securities (USA) LLC for the public offering of multiple classes of asset-backed notes to be issued by Toyota Auto Receivables 2026-C Owner Trust. The trust will issue approximately $1.85 billion of Class A notes across five tranches (fixed and floating rate) and $47.5 million of Class B notes, backed by a pool of retail installment sale contracts secured by Toyota and Lexus vehicle receivables originated by TMCC and sold to the trust through a receivables purchase and sale and servicing structure. The agreement sets the purchase prices, closing date of July 21, 2026, underwriting terms, representations and warranties, risk retention and regulatory compliance (including Form SF-3, Rule 17g-5, and risk retention rules), required ratings, and various conditions to closing, with the Seller initially retaining the subordinated Class B notes, the residual certificates, and any un-underwritten portions of the senior tranches.

Filing Facts

CIK

1131131

Ticker

-

Form

8K

Source Type

sec

Accession

0000929638-26-002626

Alert Tier

5