{"schema_version":"secwatch.filing_event.v1","accession":"0000929638-26-000243","form_type":"8-K","ticker":null,"cik":"0001654238","company_name":"EFCAR, LLC","filed_at":"2026-01-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.776373+00:00","generated_at":"2026-05-16T08:26:12.344491+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Exeter 2026-1 ABS trust to issue $1.1B in asset-backed notes on Jan 28, 2026","bullets":["Trust to issue $1.099B in eight classes of notes secured by subprime auto loans.","Underwriting agreement with Citigroup, Deutsche Bank Securities, and Wells Fargo Securities.","Purchase agreement (form) filed; seller Exeter Finance makes reps and warranties.","Class A-1 $94.2M, A-2 $241M, A-3 $226.4M, B $118.5M, C $123M, D $162.3M, E $103.3M, N $30M."],"urls":{"canonical":"https://secwatch.observer/filing/0000929638-26-000243","json":"https://secwatch.observer/filing/0000929638-26-000243.json","markdown":"https://secwatch.observer/filing/0000929638-26-000243.md","text":"https://secwatch.observer/filing/0000929638-26-000243.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1654238/000092963826000243/0000929638-26-000243-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1654238/000092963826000243/eart2026-1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T08:26:12.344491+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":"89e5c03b1ac308f18e34704b1643e41c696fe40f","claim":"EFCAR, LLC entered into Underwriting Agreement with Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and Wells Fargo Securities, LLC (effective 2026-01-21).","evidence_excerpt":"On January 21, 2026, EFCAR and Exeter Finance LLC (“Exeter”) entered into an Underwriting Agreement, dated as of January 21, 2026 (the “Underwriting Agreement”), with Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and Wells Fargo Securities, LLC, 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/1654238/000092963826000243/0000929638-26-000243-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., Deutsche Bank Securities Inc. and Wells Fargo Securities, LLC"},{"label":"Effective","value":"2026-01-21"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}