Nissan auto lease ABS: $1.25B notes issued across 7 classes backed by retail leases

NISSAN AUTO LEASING LLC II

Issued $1.25B aggregate principal of asset-backed notes: Classes A-1 ($111M), A-2a ($239.94M), A-2b ($240M), A-3 ($479.94M), A-4 ($78.86M), B ($47.64M), C ($52.62M).
Notes are secured by closed-end retail vehicle leases and related vehicles (2026-A Series Assets); cut-off date January 31, 2026.
Transaction closed February 26, 2026; underwriting by BofA Securities as representative.
Proceeds used to fund purchase of the 2026-A Series Certificate; no impact on Nissan's reported debt.
Separate protected series created under Nissan-Infiniti LT LLC; no commingling of assets.

item 1.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

NISSAN AUTO LEASING LLC II entered into Indenture with U.S. Bank valued at $1,250,000,000 (effective 2026-02-26).

Action: entry
Agreement: notes offering
Counterparty: U.S. Bank
Value: $1,250,000,000
Effective: 2026-02-26

Exact text from the filing

On the Closing Date, the Issuing Entity caused the issuance, pursuant to an Indenture, dated as of the Closing Date (the “Indenture”), by and between the Issuing Entity, as issuer, and U.S. Bank, as indenture trustee (the “Indenture Trustee”), of $111,000,000 aggregate principal amount of the Class A-1 Asset Backed Notes, $239,940,000 aggregate principal amount of the Class A-2a Asset Backed Notes, $240,000,000 aggregate principal amount of the Class A-2b Asset Backed Notes, $479,940,000 aggregate principal amount of the Class A-3 Asset Backed Notes, $78,860,000 aggregate principal amount of the Class A-4 Asset Backed Notes, $47,640,000 aggregate principal amount of the Class B Asset Backed Notes and $52,620,000 aggregate principal amount of the Class C Asset Backed Notes (collectively, the “Notes”)

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Source: SEC EDGAR

accession 0001193125-26-075834

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