CNH CAPITAL RECEIVABLES LLC 8-K

What Happened
CNH Capital Receivables LLC filed an 8-K (Item 1.01) reporting that CNH Equipment Trust 2026-B publicly issued $907.68 million of asset-backed notes on May 27, 2026. The offering was made under the Trust’s registration statement on Form SF-3 (File No. 333-286570), with the Prospectus dated May 19, 2026. The Representatives for the issuance were Wells Fargo Securities, Rabo Securities USA, RBC Capital Markets and SMBC Nikko Securities America. The filing also includes final forms of the transaction documents governing the securitization (indenture, sale and servicing agreement, purchase agreement, administration agreements and related documents) as exhibits.

Key Details

• Issuance date: May 27, 2026.
• Notes issued by CNH Equipment Trust 2026-B:
  • Class A-1: $190,000,000
  • Class A-2a: $246,540,000 and Class A-2b: $105,660,000 (total Class A-2: $352,200,000)
  • Class A-3: $302,200,000
  • Class A-4: $63,280,000
  • Total principal issued: $907,680,000.
• Registration/prospectus: Form SF-3 (File No. 333-286570) effective Aug 11, 2025; Prospectus dated May 19, 2026 (filed under Rule 424(b)(5)).
• Named parties in transaction documents include Citibank, N.A. (indenture trustee), Wilmington Trust Company (trustee), New Holland Credit Company, LLC (servicer/party), CNH Industrial Capital America LLC (seller/party) and Clayton Fixed Income Services LLC (asset representations reviewer).

Why It Matters
This filing documents a securitization that raises $907.68M of financing by selling receivables into a trust and issuing asset-backed notes. For investors, the event is a funding/liquidity action by CNH-related finance entities rather than an operating or equity change—important for understanding the company’s financing structure and potential changes in funded receivables on related entities’ balance sheets. The final transaction documents and trustee/servicer arrangements are included as exhibits, which detail the legal and servicing structure that underpins the credit and payment mechanics of these notes.