Attached files
file | filename |
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EX-36.1 - DEPOSITOR CERTIFICATION - BMW FS SECURITIES LLC | exhibit36-1.htm |
EX-10.6 - ASSET REPRESENTATIONS REVIEW AGREEMENT - BMW FS SECURITIES LLC | exhibit10-6.htm |
EX-10.5 - RECEIVABLES PURCHASE AGREEMENT - BMW FS SECURITIES LLC | exhibit10-5.htm |
EX-10.4 - RECEIVABLES PURCHASE AGREEMENT - BMW FS SECURITIES LLC | exhibit10-4.htm |
EX-10.3 - SALE AND SERVICING AGREEMENT - BMW FS SECURITIES LLC | exhibit10-3.htm |
EX-10.2 - OWNER TRUST ADMINISTRATION AGREEMENT - BMW FS SECURITIES LLC | exhibit10-2.htm |
EX-10.1 - AMENDED AND RESTATED TRUST AGREEMENT - BMW FS SECURITIES LLC | exhibit10-1.htm |
EX-4.1 - INDENTURE - BMW FS SECURITIES LLC | exhibit4-1.htm |
EX-1.1 - UNDERWRITING AGREEMENT - BMW FS SECURITIES LLC | exhibit1-1.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT TO
SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): July 8, 2020
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BMW VEHICLE OWNER TRUST 2020-A
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(Exact name of Issuing Entity as specified in its charter)
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BMW FS SECURITIES LLC
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(Exact name of Depositor/Registrant as specified in its charter)
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BMW FINANCIAL SERVICES NA, LLC
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(Exact name of Sponsor as specified in its charter)
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Delaware
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(State or Other Jurisdiction of Incorporation)
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333-229836-02
333-229836
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22-2013053
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(Commission File Number)
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(IRS Employer Identification No.)
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300 Chestnut Ridge Road, Woodcliff Lake, New Jersey
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07677
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(Address of Principal Executive Offices)
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(Zip Code)
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Registrant’s telephone number, including area code: (201) 307-4000
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Not Applicable
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(Former Name or Former Address, if Changed Since Last Report)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01. |
Entry Into a Material Definitive Agreement.
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On or about July 15, 2020, BMW FS Securities LLC will transfer certain motor vehicle retail installment sales contracts (the “Receivables”) to BMW
Vehicle Owner Trust 2020-A (the “Trust”). The Trust will grant a security interest in the Receivables to U.S. Bank National Association, as indenture trustee (the “Indenture Trustee”), and will issue: (i) Class A-1 Asset-Backed Notes in the aggregate
original principal amount of $195,000,000; (ii) Class A-2 Asset-Backed Notes in the aggregate original principal amount of $360,000,000; (iii) Class A-3 Asset-Backed Notes in the aggregate original principal amount of $350,000,000; and (iv) Class A-4
Asset-Backed Notes in the aggregate original principal amount of $95,000,000 (collectively, the “Notes”). This Current Report on Form 8-K is being filed to file executed copies of the Underwriting Agreement and
Depositor Certification and forms of the Indenture, Amended and Restated Trust Agreement, Owner Trust Administration Agreement, Sale and Servicing Agreement, Receivables Purchase Agreements and Asset Representations Review Agreement (as listed below)
to be executed in connection with the issuance of the Notes.
Item 9.01. |
Financial Statements and Exhibits.
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(a) |
Not applicable.
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(b) |
Not applicable.
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(c) |
Not applicable.
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(d) |
Exhibits:
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1.1 |
4.1 |
10.1 |
10.2 |
10.3 |
10.4 |
10.5 |
10.6 |
36.1 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
BMW FS SECURITIES LLC
By: BMW Financial Services NA, LLC,
as Managing Member
By: /s/ Stefan Kramer
Name: Stefan Kramer
Title: Vice President – Finance & CFO
By: /s/ Christian Kunz
Name: Christian Kunz
Title: Treasurer
Dated: July 10, 2020