secwatch.observer — SEC 8-K summary
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Issuer:     Synchrony Card Funding, LLC (—)
CIK:        0001724786
Form:       8-K
Filed at:   2026-03-26T23:59:59+00:00
Accession:  0001104659-26-035218
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 6.05, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1724786/000110465926035218/0001104659-26-035218-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1724786/000110465926035218/tm269767d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-035218

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer