In a recent SEC filing, Mercedes-Benz Auto Receivables Trust 2024-1 (0001998822) disclosed a Form 10-D submission, indicating significant financial activity within the company. Form 10-D is typically filed by asset-backed issuers to report the performance and activities of their asset-backed securities. For investors and stakeholders, this filing provides crucial information on the trust’s assets, income, expenses, and overall financial condition.
Mercedes-Benz Auto Receivables Trust 2024-1 is an entity that securitizes auto loans and leases originated by Mercedes-Benz Financial Services USA LLC. The trust issues asset-backed securities that are collateralized by these auto loans and leases. Investors in these securities receive payments based on the cash flows from the underlying pool of auto loans. This filing sheds light on the trust’s performance and its ability to meet its financial obligations to investors.
For more information on Mercedes-Benz Auto Receivables Trust 2024-1 and its securitization activities, interested parties can visit the company’s website here.
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Mercedes-Benz Auto Receivables Trust 2024-1 Files 10-D Form with SEC
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