Hyundai Auto Receivables Trust 2024-B Submits ABS-15G Filing to SEC
In a recent Securities and Exchange Commission (SEC) filing, Hyundai Auto Receivables Trust 2024-B, identified by the SEC filing code ABS-15G and CIK number 0002027363, submitted a Form ABS-15G. This filing is significant as it pertains to the issuing entity’s obligation to disclose fulfilled and unfulfilled repurchase requests of asset-backed securities in accordance with regulations set forth by the SEC. This transparency is crucial for investors and regulatory bodies to assess the issuing entity’s compliance with applicable rules and the overall health of the asset-backed securities market.
Hyundai Auto Receivables Trust 2024-B is the entity mentioned in the SEC filing, and it is responsible for issuing asset-backed securities. These securities are typically backed by a pool of auto loans or leases, providing investors with an opportunity to invest in a diversified portfolio of automotive assets. For more information about Hyundai Auto Receivables Trust 2024-B and its offerings, interested parties can visit the company’s website.
Form ABS-15G is a filing required by the SEC under Regulation AB that mandates the disclosure of repurchase requests related to asset-backed securities. The form helps ensure transparency and accountability in the asset-backed securities market by requiring issuing entities to report on the status of repurchase requests, including whether they have been fulfilled or remain outstanding. This information is vital for investors, regulators, and other stakeholders to make informed decisions regarding asset-backed securities.
