debt
confidence high
sentiment neutral
materiality 0.50
Nissan Auto Receivables 2025-A Trust issues $1.5B in notes backed by auto loans
NISSAN AUTO RECEIVABLES Co II LLC
- Notes have an aggregate principal balance of $1,500,000,000 across Classes A-1 through B.
- Expected closing date is May 27, 2025; underwriting agreement signed with BNP Paribas Securities Corp.
- Proceeds will be used to purchase a portfolio of retail installment sales contracts from Nissan Motor Acceptance.
- Transaction includes standard agreements: Indenture, Sale and Servicing, Administration, and Asset Representations Review.
- This is a typical ABS securitization; no unusual terms or risks disclosed.
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