{"schema_version":"secwatch.filing_event.v1","accession":"0000929638-24-001281","form_type":"8-K","ticker":null,"cik":"0001654238","company_name":"EFCAR, LLC","filed_at":"2024-03-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.993095+00:00","generated_at":"2026-06-04T06:14:00.992508+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Exeter Automobile Receivables Trust 2024-2 to issue $794.5M in sub-prime auto ABS notes","bullets":["Exeter Automobile Receivables Trust 2024-2 to issue $794.46M in asset-backed notes on April 5, 2024.","Notes include Classes A-1 ($85M), A-2 ($154.2M), A-3 ($38.79M), B ($152.96M), C ($151.68M), D ($124.17M), E ($87.66M).","Underlying collateral: sub-prime auto loan contracts transferred by Exeter Finance LLC to EFCAR, LLC.","Transaction involves Purchase Agreement, Sale and Servicing, Indenture, and other standard ABS agreements."],"urls":{"canonical":"https://secwatch.observer/filing/0000929638-24-001281","json":"https://secwatch.observer/filing/0000929638-24-001281.json","markdown":"https://secwatch.observer/filing/0000929638-24-001281.md","text":"https://secwatch.observer/filing/0000929638-24-001281.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1654238/000092963824001281/0000929638-24-001281-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1654238/000092963824001281/eart2024-2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T06:14:00.992508+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"313a039318b6c4a47e0822c3aeb2aaf489f45a00","claim":"EFCAR, LLC entered into Underwriting Agreement with Citigroup Global Markets Inc., Barclays Capital Inc. and Deutsche Bank Securities Inc. (effective 2024-03-26).","evidence_excerpt":"On March 26, 2024, EFCAR and Exeter Finance LLC (“Exeter”) entered into an Underwriting Agreement, dated as of March 26, 2024 (the “Underwriting Agreement”), with Citigroup Global Markets Inc., Barclays Capital Inc. and Deutsche Bank Securities Inc., acting on behalf of themselves and as representatives of the several underwriters named therein, for the sale of certain of the Notes.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1654238/000092963824001281/0000929638-24-001281-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"Citigroup Global Markets Inc., Barclays Capital Inc. and Deutsche Bank Securities Inc."},{"label":"Effective","value":"2024-03-26"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}