0001193125-23-105397.txt : 20230419 0001193125-23-105397.hdr.sgml : 20230419 20230418212359 ACCESSION NUMBER: 0001193125-23-105397 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20230419 DATE AS OF CHANGE: 20230418 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NISSAN AUTO RECEIVABLES Co II LLC CENTRAL INDEX KEY: 0001129068 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 954831541 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-255899 FILM NUMBER: 23828345 BUSINESS ADDRESS: STREET 1: ONE NISSAN WAY, ROOM 5-124 CITY: FRANKLIN STATE: TN ZIP: 37067 BUSINESS PHONE: 6157251121 MAIL ADDRESS: STREET 1: ONE NISSAN WAY, ROOM 5-124 CITY: FRANKLIN STATE: TN ZIP: 37067 FORMER COMPANY: FORMER CONFORMED NAME: NISSAN AUTO RECEIVABLES CORP II DATE OF NAME CHANGE: 20001129 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: NISSAN AUTO RECEIVABLES Co II LLC CENTRAL INDEX KEY: 0001129068 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 954831541 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: ONE NISSAN WAY, ROOM 5-124 CITY: FRANKLIN STATE: TN ZIP: 37067 BUSINESS PHONE: 6157251121 MAIL ADDRESS: STREET 1: ONE NISSAN WAY, ROOM 5-124 CITY: FRANKLIN STATE: TN ZIP: 37067 FORMER COMPANY: FORMER CONFORMED NAME: NISSAN AUTO RECEIVABLES CORP II DATE OF NAME CHANGE: 20001129 FWP 1 d462961dfwp.htm FWP FWP

Filed Pursuant to Rule 433                                    

Registration No. 333-255899 and 333-255899-04

$1.25bn Nissan Auto Receivables 2023-A Owner Trust (NAROT)

Joint Leads: Mizuho (str), Citi, Lloyds, Wells

Co-Mgrs: BofA, MUFG, Soc Gen, US Bank

 

CLS       $AMT(MM)       WAL   M/F **   E.FIN       L.FIN       BNCH   SPRD     YLD%   CPN%       $PX
============================================================================================================
A-1   300.000   0.28   P-1/F1+   11/23   5/15/24   ICRV   +27     5.424   5.424   100.00000
A-2A   227.500   1.04   Aaa/AAA   11/24   2/17/26   ICRV   +65     5.400   5.34   99.99999
A-2B   225.000   1.04   Aaa/AAA   11/24   2/17/26   SOFR30A   +65         100.00000
A-3   402.500   2.28   Aaa/AAA   7/26   11/15/27   ICRV   +85     4.969   4.91   99.98233
A-4   95.000   3.55   Aaa/AAA   3/27   6/17/30   ICRV   +105     4.900   4.85   99.99786

============================================================================================================

** Expected ratings

Transaction Details:

* Ticker: NAROT 2023-A

* Offered Size: $1.25bn

* Format: Public/SEC Registered

* Pricing speed: 1.30% ABS to 5% Call

* Expected Ratings: Moody’s/Fitch

* ERISA Eligible: Yes

* US RR: Yes, EU RR: No

* Min denoms: $1k x $1k

* Expected Settlement: April 26, 2023

* First Payment Date: May 15, 2023

* Bill and Deliver: Mizuho

Available Information:

* Preliminary Prospectus (Attached)

* Roadshow: www.dealroadshow.com

Passcode: NAROT23A

* Intex CDI File (Attached)

Intex Dealname:mznarot23a_base

Password:XYJA

—Company is available for conference calls upon request—

CUSIPS:

A1 65480W AA9

A2A 65480W AB7

A2B 65480W AC5

A3 65480W AD3

A4 65480W AE1

 

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The issuer has filed a registration statement (including a base prospectus) with the SEC for the offering to which this free writing prospectus relates. Before you invest in this offering, you should read the base prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, Mizuho will arrange to send you a prospectus at no charge if you request it by calling Toll Free: 866-271-7403