{"url_path":"/sec/cik-0001131131/8-k/2026-07-16/item-1-01","section_key":"item-1-01","section_title":"Item 1.01 Entry into a Material Definitive Agreement.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-16","source_url":"https://www.sec.gov/Archives/edgar/data/1131131/0000929638-26-002626-index.html","accession_number":"0000929638-26-002626","cik":"0001131131","ticker":null,"issuer_name":"TOYOTA AUTO FINANCE RECEIVABLES LLC","edgar_url":"https://www.sec.gov/Archives/edgar/data/1131131/0000929638-26-002626-index.html","primary_entity_key":"0001131131","primary_entity_name":"TOYOTA AUTO FINANCE RECEIVABLES LLC"},"word_count":195,"has_tables":true,"body_markdown":"Item 1.01\n\nEntry into a Material Definitive Agreement.\n\n \n\nOn July 14, 2026, Toyota Auto Finance Receivables LLC (“TAFR LLC”) and Toyota Motor Credit Corporation (“TMCC”) entered into an Underwriting Agreement with MUFG Securities Americas Inc., Barclays\nCapital Inc., BMO Capital Markets Corp., Lloyds Securities Inc. and TD Securities (USA) LLC, acting on behalf of themselves and as representatives of the several underwriters named therein, for the sale of certain notes of Toyota Auto Receivables\n2026-C Owner Trust, a Delaware statutory trust (the “Trust”).  The Trust will issue the following classes of notes in the following amounts: (i) Class A-1 Asset-Backed Notes in the aggregate original principal amount of $440,000,000; (ii) Class A-2a\nAsset-Backed Notes in the aggregate original principal amount of $528,000,000; (iii) Class A-2b Asset-Backed Notes in the aggregate original principal amount of $131,000,000; (iv) Class A-3 Asset-Backed Notes in the aggregate original principal\namount of  $659,000,000; (v) Class A-4 Asset-Backed Notes in the aggregate original principal amount of $94,500,000; and (vi) Class B Asset-Backed Notes in the aggregate original principal amount of $47,500,000 (collectively,\n\nthe “Notes”) on or about July 21, 2026 (the “Closing Date”).  Attached as Exhibit 1.1 is the Underwriting Agreement."}