CNH CAPITAL RECEIVABLES LLC 8-K

What Happened
CNH Capital Receivables LLC filed an 8-K (Item 1.01) disclosing that CNH Equipment Trust 2026-A will publicly issue multiple classes of asset-backed notes on or about January 28, 2026. The offering consists of Class A-1, A-2a, A-2b, A-3 and A-4 notes with a combined principal amount of $1,211,328,000. The issuance will be made under a previously filed Form SF-3 registration statement (File No. 333-286570), as amended and effective August 11, 2025. The lead managers for the transaction are BofA Securities, J.P. Morgan Securities, Mizuho Securities USA and Santander US Capital Markets. The prospectus dated January 21, 2026 will be filed under Rule 424(b)(5) and the final underwriting agreement (dated January 21, 2026) was included as an exhibit.

Key Details

• Total principal to be issued: $1,211,328,000.
• By class: Class A-1 = $186,400,000; Class A-2a = $352,698,000; Class A-2b = $150,000,000 (Class A-2 total = $502,698,000); Class A-3 = $437,790,000; Class A-4 = $84,440,000.
• Expected issuance date: on or about January 28, 2026.
• Registration and documentation: Offered pursuant to Form SF-3 (File No. 333-286570), amended and effective Aug 11, 2025; prospectus dated Jan 21, 2026; underwriting agreement dated Jan 21, 2026.

Why It Matters
This filing signals a substantial securitization—over $1.2 billion—backed by CNH equipment receivables, which is a key funding activity for the CNH group’s financing programs. For investors, the filing identifies the size, tranche structure and underwriting banks but does not contain final pricing or credit terms; interested parties should review the prospectus and underwriting agreement (filed as exhibits) for yield, priority, credit enhancement, and risk details before evaluating investment implications.