John Deere Receivables LLC 8-K

What Happened
John Deere Receivables LLC reported that John Deere Owner Trust 2026 issued $779,883,000 of Class A asset‑backed notes on March 18, 2026. The issuance consisted of Class A-1 ($213,000,000), Class A-2A ($200,000,000), Class A-2B ($57,500,000), Class A-3 ($257,500,000) and Class A-4 ($51,883,000) notes. The notes were issued under JDRL’s Form SF-3 registration statement (File No. 333-287776) originally filed June 4, 2025 and amended July 18, 2025; the prospectus dated March 10, 2026 was filed on March 12, 2026. The filing also references final transaction agreements (indenture, trust, sale & servicing and administration agreements) furnished as exhibits.

Key Details

• Total issuance: $779,883,000 across five Class A note series (A-1, A-2A, A-2B, A-3, A-4).
• Issuing vehicle: John Deere Owner Trust 2026; depositor: John Deere Receivables LLC.
• Relevant dates: notes issued March 18, 2026; prospectus filed March 12, 2026; SF-3 registration filed June 4, 2025 (amended July 18, 2025).
• Counterparties named in exhibits include U.S. Bank Trust Company, National Association (indenture trustee), Deutsche Bank Trust Company Delaware (owner trustee), John Deere Capital Corporation (servicer/administrator), and Clayton Fixed Income Services LLC (asset reviewer).

Why It Matters
This filing documents a significant securitization transaction that raises nearly $780 million of financing tied to John Deere‑related receivables. For investors, the issuance indicates active capital markets funding for John Deere’s financing arm and provides transparency about the legal agreements governing the notes. The 8-K does not report earnings or executive changes; it primarily discloses the note issuance and related transaction documents.