---
schema_version: "secwatch.filing_event.v1"
accession: "0000929638-26-002278"
form_type: "8-K"
ticker: null
cik: "0002132838"
company_name: "Exeter Automobile Receivables Trust 2026-3"
filed_at: "2026-06-18T20:20:14+00:00"
generated_at: "2026-06-18T20:30:31.064182+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Exeter Finance securitizes $1.29B sub-prime auto loans; 8 note classes

## Summary
- Total notes: $1.292B across 8 classes: A-1 $142M, A-2 $236.22M, A-3 $267.47M, B $140.34M, C $146.42M, D $194.31M, E $130.9M, N $34.41M.
- Closing date June 24, 2026; underwriters: Wells Fargo, Barclays, J.P. Morgan.
- Receivables are sub-prime auto loan contracts transferred from Exeter Finance LLC to EFCAR, LLC via Purchase Agreement.
- Standard securitization structure: Indenture, Sale & Servicing, Custodian, and other ancillary agreements executed.

## SEC filing metadata
- accession: 0000929638-26-002278
- form_type: 8-K
- cik: 0002132838
- company_name: Exeter Automobile Receivables Trust 2026-3
- filed_at: 2026-06-18T20:20:14+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2132838/000092963826002278/0000929638-26-002278-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1654238/000092963826002278/eart2026-3_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000929638-26-002278
- JSON: https://secwatch.observer/filing/0000929638-26-002278.json
- Plain text: https://secwatch.observer/filing/0000929638-26-002278.txt

## Key facts
- Material Agreements
  Exeter Automobile Receivables Trust 2026-3 entered into Underwriting Agreement with Wells Fargo Securities, LLC, Barclays Capital Inc. and J.P. Morgan Securities LLC valued at Underwriting Agreement for sale of notes aggregating $1,292,080,000 (effective 2026-06-16).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Wells Fargo Securities, LLC, Barclays Capital Inc. and J.P. Morgan Securities LLC
  - Value: Underwriting Agreement for sale of notes aggregating $1,292,080,000
  - Effective: 2026-06-16
  source text: On June 16, 2026, EFCAR and Exeter Finance LLC (“Exeter”) entered into an Underwriting Agreement, dated as of June 16, 2026 (the “Underwriting Agreement”), with Wells Fargo Securities, LLC, Barclays Capital Inc. and J.P. Morgan 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_url: https://www.sec.gov/Archives/edgar/data/2132838/000092963826002278/0000929638-26-002278-index.htm

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