0001193125-21-191592.txt : 20210616 0001193125-21-191592.hdr.sgml : 20210616 20210616060759 ACCESSION NUMBER: 0001193125-21-191592 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20210616 DATE AS OF CHANGE: 20210616 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Nissan Auto Receivables 2021-A Owner Trust CENTRAL INDEX KEY: 0001864913 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-255899-01 FILM NUMBER: 211020437 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 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Nissan Auto Receivables 2021-A Owner Trust CENTRAL INDEX KEY: 0001864913 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] 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 FWP 1 d154306dfwp.htm FWP FWP

Filed Pursuant to Rule 433

Registration No. 333-255899 and 333-255899-01

*PRICING DETAILS* $1Bn Nissan (NAROT) 2021-A Prime Auto Loan ABS

Joint Lead Managers: MUFG (str.), BofA, BNP and Citi

Co-Managers: HSBC, Societe Generale, US Bancorp and Wells Fargo

WAL

Cls    Amt ($mm)   (yrs)*   M/S**   PWIN  

E.FNL

 

L.FNL

  Bench   Sprd   Yld%   Cpn%   $Price
A1    172.000   0.22   P-1/A-1+   1-5   11/21   7/22   IntL   -6   0.05908  

100.00000

A2    356.500   0.93   Aaa/AAA   5-18   12/22   2/24   EDSF   +1   0.163   0.16   99.99726
A3    356.500   2.20   Aaa/AAA   18-37   7/24   10/25   IntS   +5   0.331   0.33   99.99831
A4    115.000   3.53   Aaa/AAA   37-48   6/25   9/27   IntS   +3   0.579   0.57   99.97101

*   1.30% ABS to 5% call

**   Expected Ratings

-TRANSACTION DETAILS-

Transaction Size : $1Bn (No Grow)

Pricing : PRICED

Registration : SEC Registered

ERISA Eligible : Yes

RR Compliance : US – Yes, EU – No

Expected Ratings : Moody’s/S&P

Pricing Speed : 1.30% ABS to 5% call

Min Denominations : $1k x $1k

First Payment Date : 07/15/2021

Settlement Date : 06/23/2021

Bloomberg Ticker : NAROT 2021-A

B&D : MUFG

-MARKETING MATERIALS-

Preliminary Prospectus, FWP and CDI File (attached)


Intex Deal Name: mitnarot_2021-a Passcode: 434Y

Deal Roadshow Investor Login Details:

URL: https://dealroadshow.com

Entry Code (Case Sensitive): NAROT2021A

Direct Link: https://dealroadshow.com/e/NAROT2021A

-CUSIPs-

A1 65480BAA5

A2 65480BAB3

A3 65480BAC1

A4 65480BAD9

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

THE ISSUER HAS FILED A REGISTRATION STATEMENT (INCLUDING A PROSPECTUS) WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION (SEC) FOR THIS OFFERING. BEFORE YOU INVEST, YOU SHOULD READ THE PROSPECTUS FOR THIS OFFERING 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 SEARCHING THE SEC ONLINE DATABASE (EDGAR®) AT WWW.SEC.GOV. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-877-649-6848.