Santander Drive Auto Receivables LLC Files 8-K
| Field | Detail |
|---|---|
| Company | Santander Drive Auto Receivables LLC |
| Form Type | 8-K |
| Filed Date | Sep 24, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, financial-statements, asset-backed-securities, auto-loans
TL;DR
Santander Drive Auto Receivables LLC filed an 8-K on 9/24/25 for a material agreement & financials. ABS auto loans involved.
AI Summary
Santander Drive Auto Receivables LLC filed an 8-K on September 24, 2025, reporting the entry into a material definitive agreement and the filing of financial statements and exhibits. The filing pertains to asset-backed securities, specifically auto loans, with Santander Drive Auto Receivables LLC as the filer and Drive Auto Receivables Trust 2025-2 as another related entity.
Why It Matters
This filing indicates a significant contractual event and the submission of financial data related to auto loan securitization, which is crucial for investors and analysts tracking the company's financial health and operations.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of a material definitive agreement and financial statements, not indicating any immediate financial distress or significant negative event.
Key Players & Entities
- SANTANDER DRIVE AUTO RECEIVABLES LLC (company) — Filer
- DRIVE AUTO RECEIVABLES TRUST 2025-2 (company) — Related Entity
- 20250924 (date) — Report Date
- 1601 ELM STREET SUITE 800 DALLAS TX 75201 (address) — Business and Mail Address
- 214-634-1110 (phone_number) — Business Phone
FAQ
What type of material definitive agreement was entered into by Santander Drive Auto Receivables LLC?
The filing does not specify the exact nature of the material definitive agreement, only that one was entered into.
What is the primary asset class involved in this filing?
The primary asset class is Auto loans, as indicated by the ABS Asset Class.
When was this 8-K report filed?
The report was filed on September 24, 2025.
What are the business and mailing addresses for Santander Drive Auto Receivables LLC?
The business and mailing addresses are both listed as 1601 Elm Street, Suite 800, Dallas, TX 75201.
What is the SEC file number for Santander Drive Auto Receivables LLC?
The SEC file number for Santander Drive Auto Receivables LLC is 333-139609.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on September 24, 2025 regarding SANTANDER DRIVE AUTO RECEIVABLES LLC.