8-K: Toyota Auto Receivables 2026-D Owner Trust to issue $1,900,000,000 in asset-backed notes

What changed

Toyota Auto Finance Receivables LLC and Toyota Motor Credit Corporation entered an underwriting agreement on October 9, 2026 for the sale of notes by Toyota Auto Receivables 2026-D Owner Trust, closing on or about October 15, 2026. The notes comprise Class A-1 of $439,750,000, Class A-2a of $496,092,000, Class A-2b of $163,158,000, Class A-3 of $659,000,000, Class A-4 of $94,500,000, and Class B of $47,500,000. The transaction is backed by motor vehicle retail installment sales contracts transferred by TMCC, with TMCC acting as servicer and sponsor.

Why it matters

Sources

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