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 9, 2018
| 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 |
(Exact name of depositor as specified in charter) |
(Exact name of sponsor as specified in charter) | |||
| Delaware | Delaware | Delaware | Delaware | |||
| (State or jurisdiction of incorporation or organization of the issuing entity) |
(State or jurisdiction of incorporation or organization of the issuing entity) |
(State or jurisdiction of incorporation or organization of the depositor) |
(State or jurisdiction of incorporation or organization of the sponsor) | |||
| c/o Wilmington Trust Company Rodney Square North 1100 North Market Street Wilmington, Delaware 19890-0001 |
c/o Discover Bank 12 Read’s Way New Castle, Delaware 19720 |
Discover Funding LLC 12 Read’s Way New Castle, Delaware 19720 |
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 and depositor)
47-4047337
(IRS Employer Identification No. of
the depositor)
(302) 323-7315
(Telephone, 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)) |
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. ☐
| Item 8.01 | Other Events |
Class A(2011-B) Notes. On August 9, 2018, Discover Card Execution Note Trust (the “Note Issuance Trust”), as Issuer of the DiscoverSeries Class A(2011-B) 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 commitment to June 30, 2020, (ii) extend the existing liquidation commencement date of the Notes to July 1, 2020, (iii) extend the existing expected maturity date of the Notes to August 17, 2020, (iv) extend the existing expected principal payment date of the Notes to August 17, 2020 and (v) extend the existing legal maturity date of the Notes to February 15, 2023. 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.
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 9, 2018
| 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 | ||