secwatch.observer — SEC 8-K summary
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Issuer:     Synchrony Card Issuance Trust (—)
CIK:        0001724789
Form:       8-K
Filed at:   2026-08-18T20:38:32+00:00
Accession:  0001104659-26-098383
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 $1B Class A(2026-2) notes; portfolio data as of June 30, 2026
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1724789/000110465926098383/0001104659-26-098383-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1724786/000110465926098383/tm2623244d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-098383

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