| UNITED STATES |
| SECURITIES AND EXCHANGE COMMISSION |
| Washington, D.C. 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) | June 26, 2023 |
Synchrony Card Issuance Trust
Synchrony Card Funding, LLC
Synchrony Bank |
(Exact Name of Issuing Entity, Depositor/Registrant and Sponsor
as Specified in their respective Charters) |
| |
| Delaware |
| (State or Other Jurisdiction of Incorporation of Issuing Entity and Registrant) |
333-224689, 333-224689-01
333-257355, 333-257355-01 | | 82-3295851 (Synchrony Card Funding, LLC)
32-6494512 (Synchrony Card Issuance Trust) |
(Commission File Numbers for Registrant
and Issuing Entity, respectively) | | (Registrants’ I.R.S. Employer Identification Nos.
for Registrant and Issuing Entity, respectively) |
| 0001724786 (Synchrony Card Funding, LLC) and 0001724789 (Synchrony Card Issuance Trust) |
| (Central Index Key for Registrant and Issuing Entity, respectively) |
777 Long Ridge Road
Stamford, Connecticut | 06902 |
| (Address of Principal Executive Offices) | (Zip Code) |
| (877) 441-5094 |
| (Registrant’s Telephone Number, Including Area Code) |
| |
| Not Applicable |
| (Former Name or Former Address, if Changed Since Last Report) |
| 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)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | | Trading
Symbol(s) | | Name of each exchange on which registered |
| N/A | | N/A | | N/A |
As of June 26, 2023 (the “Removal Date”), Synchrony Card Funding, LLC designated certain credit card accounts (the “Removed Accounts”) to be removed from Synchrony Card Issuance Trust as “Accounts” pursuant to Section 2.7 of the Amended and Restated Transfer Agreement, dated as of May 1, 2018, between Synchrony Card Funding LLC, as Transferor, and Synchrony Card Issuance Trust. The Removed Accounts had an aggregate total principal receivables balance of approximately $20,787,456.64 as of the close of business on the Removal Date.
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.
| June 29, 2023 | Synchrony Card Funding, LLC, as depositor |
| | |
| | |
| | By: | /s/ Christopher Coffey |
| | Name: | Christopher Coffey |
| | Title: | Vice President |
