{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-035218","form_type":"8-K","ticker":null,"cik":"0001724786","company_name":"Synchrony Card Funding, LLC","filed_at":"2026-03-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.007907+00:00","generated_at":"2026-05-15T08:51:37.727473+00:00","sec_items":["1.01","6.05","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Synchrony Card Issuance Trust issues $500M Class A(2026-1) notes; portfolio update","bullets":["$500M principal of SynchronySeries Class A(2026-1) Notes issued on March 20, 2026.","Net proceeds ~$498.1M used to purchase credit card receivables and repay intercompany debt.","Underwriters: Barclays, J.P. Morgan, TD Securities; underwriting commissions of $1.25M.","Trust portfolio as of Jan 31, 2026: $11.2B total receivables, 9.6M accounts, 95.1% current.","Largest program partners: Sam's Club (26.4%), TJX (21%), Amazon (14%), Lowe's (10.9%)."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-035218","json":"https://secwatch.observer/filing/0001104659-26-035218.json","markdown":"https://secwatch.observer/filing/0001104659-26-035218.md","text":"https://secwatch.observer/filing/0001104659-26-035218.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1724786/000110465926035218/0001104659-26-035218-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1724786/000110465926035218/tm269767d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T08:51:37.727473+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":[{"claim_id":"f64385e2533f8aea82ec3daf0070d711167ba8bc","claim":"Synchrony Card Funding, LLC entered into Class A(2026-1) Terms Document with Synchrony Card Issuance Trust, The Bank of New York Mellon valued at Entered into Class A(2026-1) Terms Document (effective 2026-03-20).","evidence_excerpt":"On March 20, 2026, Synchrony Card Issuance Trust (the “ Trust ”) and The Bank of New York Mellon, as Indenture Trustee (the “ Indenture Trustee ”), entered into the Class A(2026-1) Terms Document (the “ Class A(2026-1) Terms Document ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1724786/000110465926035218/0001104659-26-035218-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Synchrony Card Issuance Trust, The Bank of New York Mellon"},{"label":"Value","value":"Entered into Class A(2026-1) Terms Document"},{"label":"Effective","value":"2026-03-20"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}