CarMax Auto Funding LLC arranged a planned sale of notes backed by vehicle loan contracts, with issuance expected around October 21, 2026. The purchase still depends on stated conditions, and the filing gives no new business results, so it does not change the company's outlook.
The structure would move vehicle loan contracts into a trust, which would issue notes backed by those loans. The underwriters' purchase still depends on stated conditions, and the filing gives no new results or loan-payment details. The filing therefore does not change the company's outlook.
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