John Deere Owner Trust 2025-B issues $769.97M in asset-backed notes

John Deere Receivables LLC

Issued $205M Class A-1, $152M A-2A, $124M A-2B, $235M A-3, $53.97M A-4 notes.
Notes issued under shelf registration filed Oct 2022; prospectus filed July 14, 2025.
Proceeds used to pay John Deere Receivables LLC for receivables transferred to trust.
Transaction involves standard agreements: Indenture, Trust, Sale & Servicing, Administration.
Routine securitization; no material change to John Deere Capital Corporation's operations.

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