8-K - Ford Credit Auto Owner Trust 2026-A | StockGist

AI Analysis

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Ford Credit Auto Receivables Two LLC entered into an Underwriting Agreement dated March 17, 2026, with multiple underwriters for the issuance of $1,392,630,000 in asset-backed Notes by Ford Credit Auto Owner Trust 2026-A, consisting of six classes with varying principal amounts, interest rates, and maturities up to April 2032, with closing on March 24, 2026. This agreement facilitates a securitization of retail auto installment contracts originated by Ford Motor Credit Company LLC.

Key Takeaways

1Offered Notes total $1,392,630,000 across Class A-1 ($297M, 3.826%, FSPD Mar 15, 2027), A-2a ($253M, 4.02%), A-2b ($253M, SOFR+0.43%), A-3 ($469M, 4.05%, FSPD Oct 15, 2030), A-4 ($78M, 4.16%), and B ($42.63M, 4.34%), all maturing by Apr 15, 2032.

2Lead underwriters: Barclays Capital Inc., Credit Agricole Securities (USA) Inc., Truist Securities Inc., CIBC World Markets Corp., MUFG Securities Americas Inc.

3Pricing Date: March 17, 2026; Time of Sale: 2:32 p.m. EDT March 17, 2026; Closing Date: March 24, 2026.

4Purchase prices range from 99.95000% (A-1) to 99.68569% (B), with underwriting discounts 0.050% to 0.300%.

5Trust issues Notes secured by pool of Receivables sold by Ford Credit via Depositor; Class C Notes ($28.41M at 0%) retained by Depositor.

Current Report Details

Event Type

Material Agreement

Exhibits Only

Disclosure

Mandatory

Variant

8-K

Items Reported

1.01

Entry into a Material Definitive Agreement . In connection with the issuance by Ford Credit Auto Owner Trust 2026-A (the " Trust ") of the asset-backed securiti

Material Agreement

Source Document

9.01

. Financial Statements and Exhibits . (a) Not applicable (b) Not applicable (c) Not applicable (d) Exhibits: Exhibit No. Description Exhibit 1.1 Underwriting Ag

Exhibits Only

Transaction Details

Debt / Financing

Instrument: Asset-Backed Notes
Principal: 1392630000
Rate: Fixed rates 3.826% to 4.34%; A-2b floating SOFR + 0.43%
Maturity: Final Scheduled Payment Dates: A-1 Mar 15 2027; A-2a/b Jan 15 2029; A-3 Oct 15 2030; A-4/B Apr 15 2032

Exhibits (10)

10.1

EXHIBIT 10.1

10.2

EXHIBIT 10.2

10.3

EXHIBIT 10.3

10.4

EXHIBIT 10.4

10.5

EXHIBIT 10.5

10.6

EXHIBIT 10.6

1.1

EXHIBIT 1.1

36.1

EXHIBIT 36.1

4.1

EXHIBIT 4.1

8-K

FORM 8-K