Santander Drive Auto Receivables Trust 2025-1 to issue five ABS note classes with rates from 4.73% to 5.41%

SANTANDER DRIVE AUTO RECEIVABLES LLC

Underwriting Agreement signed May 20, 2025 with Wells Fargo Securities as representative of underwriters.
Notes: Class A-2 (4.87%), A-3 (4.73%), B (4.79%), C (4.99%), D (5.41%); Class A-1 (4.520%) retained.
Proceeds to fund purchase of motor vehicle retail installment contracts and loans from Santander Consumer USA.
Transaction documents (Purchase, Sale, Servicing, Administration, Indenture) to be executed on May 28, 2025.

item 1.01item 8.01item 9.01

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