On November 12, 2026, Honda Auto Receivables 2026-4 Owner Trust issued a series of asset-backed notes. The transaction was structured by American Honda Receivables LLC as the depositor and sponsored by American Honda Finance Corporation (AHFC).
The offering includes five classes of notes: Class A-1, Class A-2a, Class A-2b, Class A-3, and Class A-4. The closing of the transaction took place on November 12, 2026, following the issuance of a final prospectus dated November 3, 2026.
American Honda Finance Corporation will initially retain at least 5 percent of the initial principal amount for each of the five classes of notes. The transaction involves the transfer of retail installment sale contracts and installment loan contracts related to new or used Honda or Acura automobiles.
The issuer entered into several agreements to facilitate the issuance. These include an Indenture with U.S. Bank National Association acting as the securities intermediary and indenture trustee, a Receivables Purchase Agreement between AHFC and American Honda Receivables LLC, and a Sale and Servicing Agreement among the issuer, AHR LLC, and AHFC.
Additional agreements include an Administration Agreement, an Amended and Restated Trust Agreement, an Asset Representations Review Agreement, and a Securities Account Control Agreement.
