BA Credit Card Funding, LLC 8-K

What Happened

• BA Credit Card Funding, LLC filed an Form 8-K on May 11, 2026 stating that the BA Credit Card Trust expects to issue BAseries Class A(2026-1) Notes on May 14, 2026.
• The filing also includes related offering documents filed as exhibits, including an underwriting agreement and a terms agreement dated May 7, 2026, and a depositor certification dated May 7, 2026.

Key Details

• Filing date: May 11, 2026 (Form 8-K, Item 8.01 and 9.01).
• Expected issuance date for the notes: May 14, 2026.
• Exhibits filed: Class A(2026-1) Underwriting Agreement (Exhibit 1.1) and Terms Agreement (Exhibit 1.2), plus an unexecuted copy of the terms document (Exhibit 4.1) and a Depositor Certification for shelf offerings (Exhibit 36.1), all dated May 7, 2026.
• The 8-K does not disclose offering size, pricing, interest rate, or other economic terms in the notice.

Why It Matters

• This 8-K notifies investors that the trust is moving forward with a securitization (asset-backed notes) that will add new Class A(2026-1) securities to the market.
• For investors and market watchers, the filing signals forthcoming offering documents and potential impacts on funding/liquidity for related BA credit products; materially relevant economic terms (amount, yield, ratings) were not included and would appear in subsequent offering disclosures.
• Retail investors should watch for the final prospectus/term sheet or additional SEC filings for complete details before assessing any investment implications.