AMERICAN HONDA RECEIVABLES LLC 8-K

What Happened
AMERICAN HONDA RECEIVABLES LLC filed an 8-K on May 7, 2026 disclosing a prospectus dated May 5, 2026 that describes the receivables pool and structure of several classes of asset-backed notes issued by the Honda Auto Receivables 2026-2 Owner Trust. The prospectus sets forth five note classes with a combined aggregate principal amount of approximately $2,105,270,000.

Key Details

• Class A-1 Notes: $533,340,000 aggregate principal amount.
• Class A-2a Notes: $601,761,000 aggregate principal amount.
• Class A-2b Notes: $131,579,000 aggregate principal amount.
• Class A-3 Notes: $733,340,000 aggregate principal amount.
• Class A-4 Notes: $105,250,000 aggregate principal amount.
• American Honda Finance Corporation will initially retain at least 5% (by initial principal amount) of each class of notes.

Why It Matters
This filing signals a securitization funding event: the trust will issue over $2.1 billion of asset-backed notes backed by auto receivables. For investors, the size and classes of notes indicate how the financing is being structured; American Honda Finance Corporation’s retention of at least 5% of each class reflects seller risk retention practices. The 8-K does not report earnings or management changes — it mainly provides details for investors or potential buyers of the notes about the offering structure.