Fri, Jan 24, 3:17 PM (24 days ago)
The 10-K filing for John Deere Owner Trust 2022 (not publicly traded, no ticker) covers the fiscal year ending October 27, 2024. The report confirms compliance with SEC regulations and highlights that John Deere Receivables LLC serves as the depositor, while John Deere Capital Corporation acts as the servicer. Key financial details are omitted, including revenue and net income figures, but the trust primarily engages in purchasing retail receivables related to John Deere's equipment financing. The document indicates no material legal proceedings against the trust or its affiliates, ensuring a stable operational outlook. The report notes that the servicer has complied with applicable servicing criteria, supported by independent auditor reports from Deloitte & Touche LLP and Ernst & Young LLP. Strategically, the trust maintains a strong market position through its affiliation with Deere & Company, which provides a solid foundation for future growth. However, specific risk factors and operational expenses are not detailed, leaving a gap in understanding potential vulnerabilities. Overall, the filing emphasizes compliance, operational stability, and the strategic importance of its association with John Deere, positioning the trust favorably for investors.