---
schema_version: "secwatch.filing_event.v1"
accession: "0000929638-26-001121"
form_type: "8-K"
ticker: null
cik: "0001654238"
company_name: "EFCAR, LLC"
filed_at: "2026-03-24T23:59:59+00:00"
generated_at: "2026-05-15T09:13:27.513758+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Exeter Auto Trust 2026-2 issues $739.17M in asset-backed notes

## Summary
- Eight note classes: A-1 $65M, A-2 $149.65M, A-3 $156.22M, B $82.21M, C $85.23M, D $110.62M, E $75.39M, N $14.85M.
- Closing on or about March 31, 2026; proceeds purchase subprime auto loans from Exeter Finance.
- Underwriters: Barclays, BNP Paribas, Mizuho; Underwriting Agreement dated March 20, 2026.
- Also entered: Purchase Agreement, Sale and Servicing Agreement, Indenture, Custodian Agreement.

## SEC filing metadata
- accession: 0000929638-26-001121
- form_type: 8-K
- cik: 0001654238
- company_name: EFCAR, LLC
- filed_at: 2026-03-24T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1654238/000092963826001121/0000929638-26-001121-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1654238/000092963826001121/eart2026-2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000929638-26-001121
- JSON: https://secwatch.observer/filing/0000929638-26-001121.json
- Plain text: https://secwatch.observer/filing/0000929638-26-001121.txt

## Key facts
- Material Agreements
  EFCAR, LLC entered into Underwriting Agreement with Barclays Capital Inc., BNP Paribas Securities Corp. and Mizuho Securities USA LLC, acting on behalf of themselves and as representatives of the several underwriters named therein (effective 2026-03-20).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Barclays Capital Inc., BNP Paribas Securities Corp. and Mizuho Securities USA LLC, acting on behalf of themselves and as representatives of the several underwriters named therein
  - Effective: 2026-03-20
  source text: On March 20, 2026, EFCAR and Exeter Finance LLC (“Exeter”) entered into an Underwriting Agreement, dated as of March 20, 2026 (the “Underwriting Agreement”), with Barclays Capital Inc., BNP Paribas Securities Corp. and Mizuho Securities USA LLC, acting on behalf of themselves and as representatives of the several underwriters named therein, for the sale of certain of the Notes.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1654238/000092963826001121/0000929638-26-001121-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.