Hyundai ABS Funding issues $2.187B in auto loan ABS notes (2026-B), closing June 17

Hyundai Auto Receivables Trust 2026-B

Underwriting agreement for $2,187,070,000 in asset-backed notes (Classes A-1 through C) with Citigroup as underwriter.
Receivables Purchase Agreement: HCA sells $2,408,486,358.62 in auto loan contracts to depositor for the trust.
Closing date set for June 17, 2026; notes issued under Form SF-3 registration (File 333-284087).
Additional agreements executed: Indenture, Sale and Servicing, Trust, and Asset Representations Review Agreements.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Hyundai Auto Receivables Trust 2026-B entered into Underwriting Agreement with Citigroup Global Markets Inc., on its own behalf and as representative of the several underwriters valued at $2,187,070,000 (effective 2026-06-09).

Action: entry
Agreement: underwriting
Counterparty: Citigroup Global Markets Inc., on its own behalf and as representative of the several underwriters
Value: $2,187,070,000
Effective: 2026-06-09

Exact text from the filing

On June 9, 2026, Hyundai ABS Funding, LLC (“HABS”), Hyundai Capital America (“HCA”) and Citigroup Global Markets Inc., on its own behalf and as representative of the several underwriters (the “Underwriters”) entered into an Underwriting Agreement, pursuant to which notes in the following classes: Class A-1, Class A-2-A, Class A-2-B, Class A-3, Class A-4, Class B and Class C Asset Backed Notes (collectively, the “Notes”) with an aggregate principal balance of $2,187,070,000 were sold to the Underwriters.

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Source: SEC EDGAR

accession 0001104659-26-072842

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