HARLEY-DAVIDSON CUSTOMER FUNDING CORP.: M&A transaction — Harley-Davidson Credit Corp. closes $4.06B sale of motorcycle loan portfolio to KKR trust

HARLEY-DAVIDSON CUSTOMER FUNDING CORP.

Sold portion of motorcycle promissory notes and security agreements to KKR Morrow Trust and Cavendish LLC for $4.06 billion.
Purchasers hold 95% of the certificate interest in Harley-Davidson Motorcycle Trust 2024-A.
Transaction previously announced; completion reported on November 6, 2025.
Exhibits include purchase agreements, amendments, and waivers dated July-October 2025.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.95

HARLEY-DAVIDSON CUSTOMER FUNDING CORP. completed a disposition involving KKR Morrow Trust and HDL Trust, as assignee of Cavendish, LLC for $4.06 billion (closed 2025-11-06).

Action: disposition
Counterparty: KKR Morrow Trust and HDL Trust, as assignee of Cavendish, LLC
Consideration: $4.06 billion
Closing: 2025-11-06

Exact text from the filing

Harley-Davidson Credit Corp. (the "Sponsor"), a Nevada corporation and wholly owned subsidiary of the Company, completed the previously announced sale of a portion of the Sponsor's motorcycle promissory notes and security agreements portfolio to KKR Morrow Trust, a Delaware statutory trust ("KKR Trust") and HDL Trust, as assignee of Cavendish, LLC, a Delaware limited liability company (together with KKR Trust, the "Purchasers"), for a purchase price of $4.06 billion.

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Source: SEC EDGAR

accession 0001104659-25-107844

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