secwatch.observer — SEC 8-K summary
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Issuer:     SANTANDER DRIVE AUTO RECEIVABLES LLC (—)
CIK:        0001383094
Form:       8-K
Filed at:   2024-04-24T23:59:59+00:00
Accession:  0001193125-24-110172
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Santander Drive Auto Receivables Trust 2024-2 closes $? auto ABS; issues notes with coupons 5.598%-6.28%
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- Issued Class A-2 5.80%, A-3 5.63%, B 5.78%, C 5.84%, D 6.28% Publicly Registered Notes and Class A-1 5.598% Retained Notes.
- Underwriters: Barclays, Santander US Capital Markets, Wells Fargo, Academy Securities, Samuel A. Ramirez.
- Closing date April 24, 2024; transaction includes Indenture, Sale and Servicing Agreement, Administration Agreement.
- Receivables secured by new/used automobiles, trucks, SUVs, vans; SC as servicer and administrator.
- Purchase Agreement entered between Santander Consumer USA and Santander Drive Auto Receivables LLC.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1383094/000119312524110172/0001193125-24-110172-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1383094/000119312524110172/d823068d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-110172

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