What changed
Sufficient committed purchasers were not obtained for all tendered class A-6B and class A-6C notes at the spread proposed by the remarketing agents, so a failed remarketing has been declared. All existing noteholders will be required to retain their notes on the October 26, 2026 reset date. The interest rate will be the failed remarketing rate equal to the SOFR Rate plus 0.75% per annum, with a three-month reset period and the next reset date on January 25, 2027.
Why it matters
Sufficient committed purchasers were not obtained for all tendered class A-6B and class A-6C notes at the spread proposed by the remarketing agents, so a failed remarketing has been declared. All exis
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Oct 26, 2026 01:44 AM ET