secwatch.observer — SEC 8-K summary
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Issuer:     TOYOTA AUTO FINANCE RECEIVABLES LLC (—)
CIK:        0001131131
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0000929638-24-001562
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Toyota Auto ABS trust to issue $1.75B notes in six classes; closing April 30
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- Total note issuance of $1.75B across six classes: A-1 ($375M), A-2a ($262.1M), A-2b ($357.9M), A-3 ($620M), A-4 ($91.26M), and B ($43.74M).
- Closing date is April 30, 2024; notes backed by motor vehicle retail installment sales contracts transferred by TMCC.
- Underwriters include SMBC Nikko, Barclays, RBC Capital Markets, and U.S. Bancorp Investments.
- Agreements include Receivables Purchase Agreement, Sale and Servicing, Indenture, and Administration Agreement.
- This is a routine securitization by Toyota Auto Finance Receivables LLC for TMCC's auto loan portfolio.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1131131/000092963824001562/0000929638-24-001562-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1131131/000092963824001562/taot2024-b_form8k.htm
  HTML page:      https://secwatch.observer/filing/0000929638-24-001562

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