{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-173263","form_type":"8-K","ticker":null,"cik":"0001259380","company_name":"CARMAX AUTO FUNDING LLC","filed_at":"2026-04-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.063334+00:00","generated_at":"2026-05-15T04:27:03.322482+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"CarMax Auto Owner Trust 2026-2 prices $1.175B auto loan ABS with eight tranches","bullets":["CarMax Auto Owner Trust 2026-2 issues $1.175B in asset-backed notes across eight classes.","Underwriting agreement signed with RBC Capital Markets; notes expected to close April 29, 2026.","Classes: A-1 ($209M), A-2a ($343M), A-2b ($75M), A-3 ($418M), A-4 ($74M), B ($23M), C ($20M), D ($12M).","Proceeds used to purchase auto receivables from CarMax Business Services; CarMax will service the pool.","Standard securitization structure with indenture, trust agreement, and other transaction documents."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-173263","json":"https://secwatch.observer/filing/0001193125-26-173263.json","markdown":"https://secwatch.observer/filing/0001193125-26-173263.md","text":"https://secwatch.observer/filing/0001193125-26-173263.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1259380/000119312526173263/0001193125-26-173263-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1259380/000119312526173263/d139274d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T04:27:03.322482+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"90031302496affdeae33be628ffa674a0c2b8a10","claim":"CARMAX AUTO FUNDING LLC entered into Underwriting Agreement with RBC Capital Markets, LLC, as representative of the several underwriters valued at $1,175,000,000 (effective 2026-04-21).","evidence_excerpt":"On April 21, 2026, CarMax Business Services, LLC (“CarMax Business Services”) and CarMax Auto Funding LLC (the “Depositor”) entered into an Underwriting Agreement with RBC Capital Markets, LLC, as representative of the several underwriters named therein (collectively, the “Underwriters”), whereby each of the Underwriters has severally agreed to purchase $1,175,000,000 aggregate principal balance of various classes of Asset-backed Notes to be issued by CarMax Auto Owner Trust 2026-2","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1259380/000119312526173263/0001193125-26-173263-index.htm","confidence":0.9}],"comparable_filings":[{"accession":"0001967680-26-000034","ticker":"VLTO","company_name":"Veralto Corp","filed_at":"2026-06-01T20:48:48+00:00","headline":"Veralto issues $725M of 4.850% Senior Notes due 2032, net proceeds ~$718.8M","event_type":"debt","sec_items":["1.01","8.01","9.01"],"materiality_score":0.55,"calibrated_materiality_score":0.55,"match_reasons":["same fact type: material_agreement","same SEC item: 1.01, 8.01, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001967680-26-000034","json":"https://secwatch.observer/filing/0001967680-26-000034.json","markdown":"https://secwatch.observer/filing/0001967680-26-000034.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1967680/000196768026000034/0001967680-26-000034-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1967680/000196768026000034/vlto-20260527.htm"},"side_by_side_evidence":{"fact_type":"material_agreement","source_excerpt":"On April 21, 2026, CarMax Business Services, LLC (“CarMax Business Services”) and CarMax Auto Funding LLC (the “Depositor”) entered into an Underwriting Agreement with RBC Capital Markets, LLC, as representative of the several underwriters named therein (collectively, the “Underwriters”), whereby each of the Underwriters has severally agreed to purchase $1,175,000,000 aggregate principal balance of various classes of Asset-backed Notes to be issued by CarMax Auto Owner Trust 2026-2","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1259380/000119312526173263/0001193125-26-173263-index.htm","comparable_excerpt":"On June 1, 2026, Veralto Corporation (the “Company”) issued $725,000,000 aggregate principal amount of 4.850% Senior Notes due 2032 (the “Notes”) in an underwritten offering (the “Offering”) pursuant to a registration statement on Form S-3ASR (File No. 333-282816) filed with the Securities and Exchange Commission (the “Commission”) on October 24, 2024 (the “Registration Statement”) and a preliminary prospectus supplement and prospectus supplement filed with the Commission related to the Offering. The Notes were issued under an indenture, dated as of June 1, 2026 (the “Base Indenture”) and the First Supplemental Indenture, dated as of June 1, 2026 (the “Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), between the Company, as issuer, and Deutsche Bank Trust Company Americas, as trustee.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1967680/000196768026000034/0001967680-26-000034-index.htm"}},{"accession":"0001104659-26-068908","ticker":"PFG","company_name":"PRINCIPAL FINANCIAL GROUP INC","filed_at":"2026-06-01T20:05:54+00:00","headline":"Principal Financial Group issues $400M of 5.300% Senior Notes due 2037","event_type":"debt","sec_items":["1.01","2.03","8.01","9.01"],"materiality_score":0.55,"calibrated_materiality_score":0.55,"match_reasons":["same fact type: material_agreement","same SEC item: 1.01, 8.01, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-068908","json":"https://secwatch.observer/filing/0001104659-26-068908.json","markdown":"https://secwatch.observer/filing/0001104659-26-068908.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1126328/000110465926068908/0001104659-26-068908-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1126328/000110465926068908/tm2614965d5_8k.htm"},"side_by_side_evidence":{"fact_type":"material_agreement","source_excerpt":"On April 21, 2026, CarMax Business Services, LLC (“CarMax Business Services”) and CarMax Auto Funding LLC (the “Depositor”) entered into an Underwriting Agreement with RBC Capital Markets, LLC, as representative of the several underwriters named therein (collectively, the “Underwriters”), whereby each of the Underwriters has severally agreed to purchase $1,175,000,000 aggregate principal balance of various classes of Asset-backed Notes to be issued by CarMax Auto Owner Trust 2026-2","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1259380/000119312526173263/0001193125-26-173263-index.htm","comparable_excerpt":"On June 1, 2026, Principal Financial Group, Inc. (the “Company”) issued $400,000,000 aggregate principal amount of its 5.300% Senior Notes due 2037 (the “Notes”). The Notes were issued pursuant to the Senior Indenture, dated as of May 21, 2009 (the “Senior Indenture”), among the Company, as issuer, Principal Financial Services, Inc. (“PFSI”), as guarantor, and The Bank of New York Mellon Trust Company, N.A., as trustee, as supplemented by the Eighteenth Supplemental Indenture, dated as of June 1, 2026 (the “Supplemental Indenture”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1126328/000110465926068908/0001104659-26-068908-index.htm"}},{"accession":"0001193125-26-212131","ticker":"ADP","company_name":"AUTOMATIC DATA PROCESSING INC","filed_at":"2026-05-07T23:59:59+00:00","headline":"ADP issues $1B of 5.000% senior notes due 2036","event_type":"debt","sec_items":["1.01","8.01","9.01"],"materiality_score":0.5,"calibrated_materiality_score":0.5,"match_reasons":["same fact type: material_agreement","same SEC item: 1.01, 8.01, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-212131","json":"https://secwatch.observer/filing/0001193125-26-212131.json","markdown":"https://secwatch.observer/filing/0001193125-26-212131.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/8670/000119312526212131/0001193125-26-212131-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/8670/000119312526212131/d932558d8k.htm"},"side_by_side_evidence":{"fact_type":"material_agreement","source_excerpt":"On April 21, 2026, CarMax Business Services, LLC (“CarMax Business Services”) and CarMax Auto Funding LLC (the “Depositor”) entered into an Underwriting Agreement with RBC Capital Markets, LLC, as representative of the several underwriters named therein (collectively, the “Underwriters”), whereby each of the Underwriters has severally agreed to purchase $1,175,000,000 aggregate principal balance of various classes of Asset-backed Notes to be issued by CarMax Auto Owner Trust 2026-2","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1259380/000119312526173263/0001193125-26-173263-index.htm","comparable_excerpt":"On May 4, 2026, Automatic Data Processing, Inc. (the “Company”) executed an Underwriting Agreement (attached hereto as Exhibit 1.1 and incorporated herein by reference) with BNP Paribas Securities Corp., BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives of the underwriters listed in Schedule 1 thereto (collectively, the “Underwriters”), pursuant to which the Company agreed to issue and sell to the Underwriters $1,000,000,000 aggregate principal amount of its 5.000% senior notes due 2036 (the “Notes”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/8670/000119312526212131/0001193125-26-212131-index.htm"}},{"accession":"0001193125-26-251718","ticker":"PFLT","company_name":"PennantPark Floating Rate Capital Ltd.","filed_at":"2026-06-01T21:09:48+00:00","headline":"PennantPark Floating Rate Capital issues $105M 7.375% Notes due 2031","event_type":"debt","sec_items":["1.01","9.01"],"materiality_score":0.5,"calibrated_materiality_score":0.5,"match_reasons":["same fact type: material_agreement","same SEC item: 1.01, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-251718","json":"https://secwatch.observer/filing/0001193125-26-251718.json","markdown":"https://secwatch.observer/filing/0001193125-26-251718.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1504619/000119312526251718/0001193125-26-251718-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1504619/000119312526251718/d37162d8k.htm"},"side_by_side_evidence":{"fact_type":"material_agreement","source_excerpt":"On April 21, 2026, CarMax Business Services, LLC (“CarMax Business Services”) and CarMax Auto Funding LLC (the “Depositor”) entered into an Underwriting Agreement with RBC Capital Markets, LLC, as representative of the several underwriters named therein (collectively, the “Underwriters”), whereby each of the Underwriters has severally agreed to purchase $1,175,000,000 aggregate principal balance of various classes of Asset-backed Notes to be issued by CarMax Auto Owner Trust 2026-2","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1259380/000119312526173263/0001193125-26-173263-index.htm","comparable_excerpt":"On June 1, 2026, PennantPark Floating Rate Capital Ltd. (the “Company”) and Equiniti Trust Company, LLC (the “Trustee”) entered into a Third Supplemental Indenture (the “Third Supplemental Indenture”) to the Indenture between the Company and the Trustee, dated March 23, 2021 (the “Base Indenture,” and together with the Third Supplemental Indenture, the “Indenture”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1504619/000119312526251718/0001193125-26-251718-index.htm"}},{"accession":"0001140361-26-023577","ticker":"TCPC","company_name":"BlackRock TCP Capital Corp.","filed_at":"2026-06-01T20:50:02+00:00","headline":"BlackRock TCP Capital closes $535.8M CLO securitization, repays existing debt facilities","event_type":"debt","sec_items":["1.01","1.02","2.03","9.01"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same fact type: material_agreement","same SEC item: 1.01, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-26-023577","json":"https://secwatch.observer/filing/0001140361-26-023577.json","markdown":"https://secwatch.observer/filing/0001140361-26-023577.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/0001140361-26-023577-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/ef20075169_8k.htm"},"side_by_side_evidence":{"fact_type":"material_agreement","source_excerpt":"On April 21, 2026, CarMax Business Services, LLC (“CarMax Business Services”) and CarMax Auto Funding LLC (the “Depositor”) entered into an Underwriting Agreement with RBC Capital Markets, LLC, as representative of the several underwriters named therein (collectively, the “Underwriters”), whereby each of the Underwriters has severally agreed to purchase $1,175,000,000 aggregate principal balance of various classes of Asset-backed Notes to be issued by CarMax Auto Owner Trust 2026-2","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1259380/000119312526173263/0001193125-26-173263-index.htm","comparable_excerpt":"On the Closing Date, TCPC II entered into a payoff letter (“ Payoff Letter ”) to terminate the Loan and Servicing Agreement dated as of August 4, 2020 (as amended, modified, supplemented, restated or replaced from time to time, the “ LSA ”) among TCPC II, as borrower, Special Value Continuation Partners LLC, as servicer, Morgan Stanley Asset Funding Inc., as administrative agent and Morgan Stanley Bank, N.A., City National Bank, as lenders and Wells Fargo Bank, National Association, as the collateral agent, the account bank and the collateral custodian.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/0001140361-26-023577-index.htm"}},{"accession":"0001193125-26-251551","ticker":"BFAM","company_name":"BRIGHT HORIZONS FAMILY SOLUTIONS INC.","filed_at":"2026-06-01T20:31:06+00:00","headline":"Bright Horizons secures $375M term loan, ups revolver to $1B with 2030 maturity","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same fact type: material_agreement","same SEC item: 1.01, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-251551","json":"https://secwatch.observer/filing/0001193125-26-251551.json","markdown":"https://secwatch.observer/filing/0001193125-26-251551.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1437578/000119312526251551/0001193125-26-251551-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1437578/000119312526251551/d139662d8k.htm"},"side_by_side_evidence":{"fact_type":"material_agreement","source_excerpt":"On April 21, 2026, CarMax Business Services, LLC (“CarMax Business Services”) and CarMax Auto Funding LLC (the “Depositor”) entered into an Underwriting Agreement with RBC Capital Markets, LLC, as representative of the several underwriters named therein (collectively, the “Underwriters”), whereby each of the Underwriters has severally agreed to purchase $1,175,000,000 aggregate principal balance of various classes of Asset-backed Notes to be issued by CarMax Auto Owner Trust 2026-2","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1259380/000119312526173263/0001193125-26-173263-index.htm","comparable_excerpt":"On June 1, 2026 (the “ Closing Date ”), Bright Horizons Family Solutions LLC (the “ Borrower ”), a wholly-owned indirect subsidiary of Bright Horizons Family Solutions Inc. (the “ Company ”), entered into the Fifth Amendment to Second Amended and Restated Credit Agreement","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1437578/000119312526251551/0001193125-26-251551-index.htm"}},{"accession":"0000785161-26-000161","ticker":"EHC","company_name":"Encompass Health Corp","filed_at":"2026-06-01T20:26:16+00:00","headline":"Encompass Health issues $500M 5.875% notes due 2034; to redeem $400M of 4.500% notes due 2028","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.5,"calibrated_materiality_score":0.5,"match_reasons":["same fact type: material_agreement","same SEC item: 1.01, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0000785161-26-000161","json":"https://secwatch.observer/filing/0000785161-26-000161.json","markdown":"https://secwatch.observer/filing/0000785161-26-000161.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/785161/000078516126000161/0000785161-26-000161-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/785161/000078516126000161/ehc-20260529.htm"},"side_by_side_evidence":{"fact_type":"material_agreement","source_excerpt":"On April 21, 2026, CarMax Business Services, LLC (“CarMax Business Services”) and CarMax Auto Funding LLC (the “Depositor”) entered into an Underwriting Agreement with RBC Capital Markets, LLC, as representative of the several underwriters named therein (collectively, the “Underwriters”), whereby each of the Underwriters has severally agreed to purchase $1,175,000,000 aggregate principal balance of various classes of Asset-backed Notes to be issued by CarMax Auto Owner Trust 2026-2","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1259380/000119312526173263/0001193125-26-173263-index.htm","comparable_excerpt":"On May 29, 2026, Encompass Health Corporation (the \"Company\") completed the issuance and sale of $500 million in aggregate principal amount of its 5.875% Senior Notes due 2034 (the \"Notes\"), along with the related guarantees of the Notes by certain of the Company's subsidiaries (the \"Guarantees\"), in a private offering.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/785161/000078516126000161/0000785161-26-000161-index.htm"}},{"accession":"0000932696-26-000063","ticker":"NSIT","company_name":"INSIGHT ENTERPRISES INC","filed_at":"2026-06-01T17:36:39+00:00","headline":"Insight Enterprises adds $100M swingline sub-facility via seventh amendment to ABL credit agreement","event_type":"debt","sec_items":["1.01","9.01"],"materiality_score":0.5,"calibrated_materiality_score":0.5,"match_reasons":["same fact type: material_agreement","same SEC item: 1.01, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0000932696-26-000063","json":"https://secwatch.observer/filing/0000932696-26-000063.json","markdown":"https://secwatch.observer/filing/0000932696-26-000063.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/932696/000093269626000063/0000932696-26-000063-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/932696/000093269626000063/nsit-20260528.htm"},"side_by_side_evidence":{"fact_type":"material_agreement","source_excerpt":"On April 21, 2026, CarMax Business Services, LLC (“CarMax Business Services”) and CarMax Auto Funding LLC (the “Depositor”) entered into an Underwriting Agreement with RBC Capital Markets, LLC, as representative of the several underwriters named therein (collectively, the “Underwriters”), whereby each of the Underwriters has severally agreed to purchase $1,175,000,000 aggregate principal balance of various classes of Asset-backed Notes to be issued by CarMax Auto Owner Trust 2026-2","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1259380/000119312526173263/0001193125-26-173263-index.htm","comparable_excerpt":"On May 28, 2026, Insight Enterprises, Inc. (“Insight”) entered into a seventh amendment to credit agreement (the “Seventh Amendment”) with JPMorgan Chase Bank, N.A., as Administrative Agent (the “Agent”), the lenders party thereto, certain of Insight’s subsidiaries organized in the United States, the United Kingdom, the Netherlands and Australia, as additional borrowers (collectively with Insight, the “Borrowers”), and certain of Insight’s subsidiaries organized in the United States, the United Kingdom, the Netherlands, Australia and Canada, as guarantors (collectively, the “Guarantors”), which amends the credit agreement, dated as of August 30, 2019 (as amended the “ABL Credit Agreement”)","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/932696/000093269626000063/0000932696-26-000063-index.htm"}}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}