Mon, Mar 24, 3:04 PM (34 days ago)
**Summary of CNH Equipment Trust 2021-B 10-K** **Company:** CNH Equipment Trust 2021-B (No ticker symbol provided) **Financial Performance (FY 2024):** - **Revenue:** Not explicitly stated. - **Net Income:** Not explicitly stated. - **Operating Expenses:** Not explicitly stated. - **Earnings Per Share:** Not applicable as the trust does not have common equity outstanding. **Strategic Overview:** - The trust was established to issue asset-backed notes, with $843,840,000 in aggregate principal amount of notes issued. - The notes include Class A (A-1, A-2, A-3, A-4) and Class B notes, all of which were publicly offered. **Future Outlook:** - The trust's future performance is tied to the underlying assets and the servicing agreements in place. - No specific future outlook or guidance is provided in the filing. **Risk Factors:** - The filing does not explicitly list risk factors due to the omission of Item 1A in accordance with General Instruction J to Form 10-K. **Financial Condition:** - The trust's financial condition is supported by the asset-backed notes and the servicing agreements with New Holland Credit Company, LLC, and Citibank, N.A. - No material instances of noncompliance with servicing criteria were identified. **Market Position Changes:** - The trust does not have common equity outstanding held by non-affiliates, so market position changes are not applicable. **Key Points:** - The trust is a non-accelerated filer and a smaller reporting company. - The trust has no voting or non-voting common equity outstanding held by non-affiliates. - The trust has filed all required reports and submitted electronically every Interactive Data File required. **Note:** The filing omits several items in accordance with General Instruction J to Form 10-K, including business, risk factors, management's discussion and analysis, and financial statements.