other material
confidence high
sentiment neutral
materiality 0.50
Nissan Auto Receivables 2024-A Trust issues $1.25B in notes backed by auto loans
NISSAN AUTO RECEIVABLES Co II LLC
- Issued $1.25B aggregate principal across Class A-1, A-2a, A-2b, A-3, and A-4 notes via underwriting agreement with Mizuho Securities.
- Closing date set for May 22, 2024; notes registered under Form SF-3 (File No. 333-255899).
- Transaction involves transfer of retail installment sales contracts for new, near-new, and used autos and light trucks.
- Series 2024-A marks another securitization by Nissan Motor Acceptance Company LLC and Nissan Auto Receivables Company II LLC.