CNH Capital Receivables LLC

05/16/2024 | Press release | Distributed by Public on 05/16/2024 11:23

Material Agreement - Form 8-K

Item 1.01 Entry into a Material Definitive Agreement

On or about May 20, 2024, CNH Equipment Trust 2024-B (the "Trust") will publicly issue $162,000,000 of Class A-1 Asset Backed Notes (the "Class A-1 Notes"), $167,500,000 of Class A-2a and $167,500,000 Class A-2b Asset Backed Notes (together, the "Class A-2 Notes"), $335,000,000 of Class A-3 Asset Backed Notes (the "Class A-3 Notes"), and $76,970,000 of Class A-4 Asset Backed Notes (the "Class A-4 Notes" and together with the Class A-1 Notes, the Class A-2 Notes, and the Class A-3 Notes, the "Notes") pursuant to the registration statement filed with the Securities and Exchange Commission on Form SF-3 (File No. 333-262954), effective on April 19, 2022.

The lead managers for the issuance of the Notes will be Citigroup Global Markets Inc., BNP Paribas Securities Corp., J.P. Morgan Securities LLC and Santander US Capital Markets LLC (the "Representatives"). In connection with the offering described above, as described in the Prospectus dated May 14, 2024 (the "Prospectus"), which will be filed with the Securities and Exchange Commission pursuant to its Rule 424(b)(5), the Registrant is filing under Item 9.01(d) the final forms of the Underwriting Agreement dated May 14, 2024 (the "Underwriting Agreement"), among the parties listed in Item 9.01(d) below, and Trust Agreement dated as of April 12, 2024 (the "Trust Agreement"), among the parties listed in Item 9.01(d) below. The Underwriting Agreement and the Trust Agreement are described more fully in the Prospectus.