{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-085823","form_type":"8-K","ticker":null,"cik":"0001724786","company_name":"Synchrony Card Funding, LLC","filed_at":"2024-08-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.281974+00:00","generated_at":"2026-05-31T13:10:32.026958+00:00","sec_items":["1.01","6.05","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Synchrony Card Issuance Trust Issues $750M Class A(2024-2) Notes; Portfolio Update as of June 2024","bullets":["Issued $750,000,000 principal amount of Class A(2024-2) Notes on July 30, 2024; net proceeds ~$747.1M after underwriting and expenses.","Net proceeds used to purchase credit card receivables from Synchrony Bank and repay intercompany debt.","Trust portfolio as of June 30, 2024: total transferred receivables $8.81B, 7.4M accounts, average balance $1,189, average credit limit $6,327.","Largest program partners: Sam's Club Dual Card (28.2% of receivables), TJX Dual Card (20.2%), Lowe's Private Label (14.2%).","Delinquency low: 94.8% of receivables current; VantageScore: 47.7% of receivables from accounts with score 720+."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-085823","json":"https://secwatch.observer/filing/0001104659-24-085823.json","markdown":"https://secwatch.observer/filing/0001104659-24-085823.md","text":"https://secwatch.observer/filing/0001104659-24-085823.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1724786/000110465924085823/0001104659-24-085823-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1724786/000110465924085823/tm2419515d9_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T13:10:32.026958+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}