secwatch.observer — SEC 8-K summary
======================================

Issuer:     Exeter Select Automobile Receivables Trust 2026-1 (—)
CIK:        0002128772
Form:       8-K
Filed at:   2026-05-27T18:59:32+00:00
Accession:  0000929638-26-001988
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Exeter Select 2026-1 closes $384M subprime auto ABS securitization
------------------------------------------------------------------

- Closed $384.4M asset-backed notes backed by subprime auto loans; eight classes issued.
- Class A-1 $48M, A-2 $97.43M, A-3 $97.43M, B $26.35M, C $42.67M, D $38.96M, E $8.17M, N $25.4M.
- Transaction closed May 27, 2026; notes sold via underwriters Deutsche Bank, Citigroup, Mizuho.
- EFCAR transferred receivables to trust; Exeter Finance retains servicing role.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2128772/000092963826001988/0000929638-26-001988-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1654238/000092963826001988/esart2026-1_8k.htm
  HTML page:      https://secwatch.observer/filing/0000929638-26-001988

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer