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Discover Card Execution Note Trust

09/24/2024 | Press release | Distributed by Public on 09/24/2024 14:34

Material Event Form 8 K

Item 8.01.

Other Events

Class A(2019-A) Notes. On September 23, 2024, Discover Card Execution Note Trust (the "Note Issuance Trust"), as Issuer of the DiscoverSeries Class A(2019-A) Notes (the "Notes"), Discover Bank, as Master Servicer and Calculation Agent for the Note Issuance Trust, Discover Funding LLC, as Transferor, and the committed purchaser and purchaser of the Notes and their agent agreed to (i) extend the existing termination date for the note purchase commitments to May 31, 2026, (ii) extend the existing liquidation commencement date of the Notes to June 1, 2026, (iii) extend the existing expected maturity date of the Notes to July 15, 2026, (iv) extend the existing expected principal payment date of the Notes to July 15, 2026 and (v) extend the existing legal maturity date of the Notes to July 17, 2028. In connection with any increase in the outstanding dollar principal amount of the Notes, an interim expected maturity date and interim liquidation commencement date may be specified.