Discover Card Execution Note Trust - FORM 8-K - August 16, 2016

 

 

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): August 16, 2016

 

 

 

Commission File Number:   Commission File Number:   Commission File Number:   Commission File Number:
333-141703-02;
333-167413;
333-191359;
333-205455-01		  

333-141703;

333-167413-02;

333-191359-02;

333-205455-02;

000-23108

   333-205455
  

333-141703-01;

333-167413-01;

333-191359-01;

033-54804

 

DISCOVER CARD
EXECUTION NOTE TRUST		   DISCOVER CARD
MASTER TRUST I		   DISCOVER FUNDING LLC   DISCOVER BANK

(Exact name of issuing

entity in respect of the notes
as specified in charter)

  

(Exact name of issuing

entity in respect of the

Series 2007-CC Collateral

Certificate)

  

(Exact name of depositor as

specified in charter)

  

(Exact name of sponsor as

specified in charter)

 

Delaware

(State or jurisdiction of
incorporation or

organization
of the issuing entity)

 

c/o Wilmington Trust Company
Rodney Square North
1100 North Market Street
Wilmington, Delaware
19890-0001

  

Delaware

(State or jurisdiction of
incorporation or

organization
of the issuing entity)

 

c/o Discover Bank
12 Read’s Way
New Castle, Delaware
19720

  

Delaware

(State or jurisdiction of
incorporation or

organization
of the depositor)

 

Discover Funding LLC

12 Read’s Way
New Castle, Delaware
19720

  

Delaware

(State or jurisdiction of
incorporation or

organization
of the sponsor)

 

Discover Bank
12 Read’s Way
New Castle, Delaware
19720

(Address of principal

executive offices of the

issuing entity)

  

(Address of principal

executive offices of the

issuing entity)

  

(Address of principal

executive offices of the

depositor)

  

(Address of principal

executive offices of the

sponsor)

 

 

 

51-0020270

(IRS Employer Identification No. of the sponsor)

47-4047337

(IRS Employer Identification No. of the depositor)

(302) 323-7315

(Telephone Number, including area code)

Former name or former address, if changed since last report: Not Applicable

 

 

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))

 

 

 

Item 8.01. Other Events

On August 16, 2016, the commencement of the Accumulation Periods for certain tranches of DiscoverSeries Notes was delayed, pursuant to the terms of the Second Amended and Restated Indenture Supplement, dated as of December 22, 2015, by and between the Discover Card Execution Note Trust as Issuer and U.S. Bank National Association as Indenture Trustee, and the applicable terms documents thereto.

Class A(2011-4) DiscoverSeries Notes. The commencement of the Accumulation Period for the Class A(2011-4) DiscoverSeries Notes was delayed until the first day of the Due Period related to the November 2016 Distribution Date.

Class A(2014-2) DiscoverSeries Notes. The commencement of the Accumulation Period for the Class A(2014-2) DiscoverSeries Notes was delayed until the first day of the Due Period related to the February 2017 Distribution Date.

Class A(2014-3), Class A(2007-1), Class A(2014-5), Class A(2013-1) and Class A(2015-1) DiscoverSeries Notes. The commencement of the Accumulation Period for the Class A(2014-3), Class A(2007-1), Class A(2014-5), Class A(2013-1) and Class A(2015-1) DiscoverSeries Notes was delayed until the first day of the Due Period related to the April 2017 Distribution Date.

Class A(2012-4) DiscoverSeries Notes. The commencement of the Accumulation Period for the Class A(2012-4) DiscoverSeries Notes was delayed until the first day of the Due Period related to the May 2017 Distribution Date.

Class B(2014-2) and Class C(2014-2) DiscoverSeries Notes. The commencement of the Accumulation Period for the Class B(2014-2) and Class C(2014-2) DiscoverSeries Notes was delayed until the first day of the Due Period related to the June 2017 Distribution Date.

Class B(2014-3) and Class C(2014-3) DiscoverSeries Notes. The commencement of the Accumulation Period for the Class B(2014-3) and Class C(2014-3) DiscoverSeries Notes was delayed until the first day of the Due Period related to the July 2017 Distribution 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 thereunto duly authorized.

 

Date: August 16, 2016    
   

Discover Funding LLC
(as Depositor for Discover Card Master Trust I and Discover Card Execution Note Trust and as registrant under Commission File Number 333-205455)

    By:  

/s/ Michael F. Rickert

      Michael F. Rickert
      Vice President, Chief Financial Officer and Treasurer
   

Discover Bank
(as registrant under Commission File Numbers 333-141703-01, 333-167413-01 and 333-191359-01)

    By:  

/s/ Michael F. Rickert

      Michael F. Rickert
      Vice President, Chief Financial Officer and Assistant Treasurer