secwatch.observer — SEC 8-K summary
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Issuer:     EFCAR, LLC (—)
CIK:        0001654238
Form:       8-K
Filed at:   2024-03-28T23:59:59+00:00
Accession:  0000929638-24-001281
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Exeter Automobile Receivables Trust 2024-2 to issue $794.5M in sub-prime auto ABS notes
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1654238/000092963824001281/0000929638-24-001281-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1654238/000092963824001281/eart2024-2_8k.htm
  HTML page:      https://secwatch.observer/filing/0000929638-24-001281

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