debt
confidence high
sentiment neutral
materiality 0.50
Synchrony Card Issuance Trust issues $1B Class A(2026-2) notes; portfolio data as of June 30, 2026
Synchrony Card Issuance Trust
- Issued $1,000,000,000 principal amount of SynchronySeries Class A(2026-2) Notes on Aug 12, 2026.
- Net proceeds to Trust before expenses $997,233,400; after est. expenses $996,433,400.
- Proceeds used to purchase credit card receivables from Synchrony Bank and repay intercompany debt.
- Trust portfolio as of June 30, 2026: total receivables $11.475B, principal $10.972B, finance charges $502.9M, 9.7M accounts.
- 12-month average monthly balance reduction rate 1.81% as of June 30, 2026.