{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-402851","form_type":"8-K","ticker":"ENVA","cik":"0001529864","company_name":"Enova International, Inc.","filed_at":"2026-09-25T20:15:15+00:00","discovered_at":"2026-09-25T20:17:03.865765+00:00","generated_at":"2026-10-12T13:22:48.375125+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"Enova unit ODAS IV issues $500M Series 2026-1 ABS notes at 6.22% weighted average coupon","bullets":["OnDeck Asset Securitization IV issued $500,026,000 of Series 2026-1 notes on September 25, 2026, its sixth series, backed by a ~$526 million small business loan pool.","Class A $235,275,000 at 5.61%; Class B $114,637,000 at 6.05%; Class C $94,742,000 at 6.73%; Class D $55,372,000 at 8.28%; weighted average coupon 6.22%.","Revolving period ends September 2028; optional prepayment begins October 2027; final maturity October 2032 for all four classes.","Proceeds bought small business loans from OnDeck, which acts as servicer; the ODAS IV structure is bankruptcy-remote with no direct recourse to Enova.","Notes were placed privately under Rule 144A and Regulation S and were rated by Kroll Bond Rating Agency on the issue date."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-402851","json":"https://secwatch.observer/filing/0001193125-26-402851.json","markdown":"https://secwatch.observer/filing/0001193125-26-402851.md","text":"https://secwatch.observer/filing/0001193125-26-402851.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1529864/000119312526402851/0001193125-26-402851-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1529864/000119312526402851/enva-20260925.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T13:22:48.375125+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}