---
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"
generated_at: "2026-05-15T08:51:37.727473+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Synchrony Card Issuance Trust issues $500M Class A(2026-1) notes; portfolio update

## Summary
- $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%).

## SEC filing metadata
- accession: 0001104659-26-035218
- form_type: 8-K
- cik: 0001724786
- company_name: Synchrony Card Funding, LLC
- filed_at: 2026-03-26T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 6.05, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-035218
- JSON: https://secwatch.observer/filing/0001104659-26-035218.json
- Plain text: https://secwatch.observer/filing/0001104659-26-035218.txt

## Key facts
- Material Agreements
  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).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Synchrony Card Issuance Trust, The Bank of New York Mellon
  - Value: Entered into Class A(2026-1) Terms Document
  - Effective: 2026-03-20
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1724786/000110465926035218/0001104659-26-035218-index.htm

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