8-K
filed May 27, 2026, 1:58 PM ET
CIK 0002130293
debt
confidence high
sentiment neutral
materiality 0.40
Nissan auto ABS issuance of $1.27B in various note classes closed May 27, 2026
Nissan Auto Receivables 2026-A Owner Trust
- Issued $260M Class A-1, $240M A-2a, $198.13M A-2b, $438.13M A-3, $93.75M A-4, $21.14M B, $17.3M C notes.
- Notes sold to underwriting group led by Wells Fargo, including MUFG, Mizuho, U.S. Bancorp, BNP Paribas, BofA, Citigroup, Lloyds.
- Transaction involves purchase of retail auto installment contracts from Nissan Motor Acceptance Company.
- Asset-backed notes are registered under SF-3 shelf, backed by new, near-new and used auto loans.
Key facts
Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Nissan Auto Receivables 2026-A Owner Trust entered into Underwriting Agreement dated as of May 20, 2026 with Wells Fargo Securities, LLC, MUFG Securities Americas Inc., Mizuho Securities USA LLC, U.S. Bancorp Investments, Inc., BNP Paribas Securities Corp., BofA Securities, Inc., Citigroup Global Markets Inc., Lloyds Securities Inc. valued at Notes with an aggregate principal balance of $1,268,450,000 (effective 2026-05-20).
- Action
- entry
- Agreement
- underwriting
- Counterparty
- Wells Fargo Securities, LLC, MUFG Securities Americas Inc., Mizuho Securities USA LLC, U.S. Bancorp Investments, Inc., BNP Paribas Securities Corp., BofA Securities, Inc., Citigroup Global Markets Inc., Lloyds Securities Inc.
- Value
- Notes with an aggregate principal balance of $1,268,450,000
- Effective
- 2026-05-20
Exact text from the filing
The Notes, with an aggregate principal balance of $1,268,450,000, were sold to Wells Fargo Securities, LLC, MUFG Securities Americas Inc., Mizuho Securities USA LLC, U.S. Bancorp Investments, Inc., BNP Paribas Securities Corp., BofA Securities, Inc., Citigroup Global Markets Inc., and Lloyds Securities Inc. (together, the "Underwriters") pursuant to an Underwriting Agreement, dated as of May 20. 2026, by and among NARC II, NMAC and Wells Fargo Securities, LLC, on behalf of itself and as the representative of the Underwriters.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Nissan Auto Receivables 2026-A Owner Trust entered into Asset Representations Review Agreement dated as of the Closing Date with Clayton Fixed Income Services LLC valued at Review of certain representations relating to the Receivables (effective 2026-05-27).
- Action
- entry
- Counterparty
- Clayton Fixed Income Services LLC
- Value
- Review of certain representations relating to the Receivables
- Effective
- 2026-05-27
Exact text from the filing
On the Closing Date, the Issuing Entity, as issuer, NMAC, as sponsor and servicer, and Clayton Fixed Income Services LLC, as asset representations reviewer, entered into that certain Asset Representations Review Agreement, dated as of the Closing Date (the "Asset Representations Review Agreement"), relating to the review of certain representations relating to the Receivables.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Nissan Auto Receivables 2026-A Owner Trust entered into Sale and Servicing Agreement dated as of the Closing Date with Nissan Motor Acceptance Company LLC, U.S. Bank Trust Company, National Association valued at Transfer of receivables to Issuing Entity; servicing arrangement (effective 2026-05-27).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- Nissan Motor Acceptance Company LLC, U.S. Bank Trust Company, National Association
- Value
- Transfer of receivables to Issuing Entity; servicing arrangement
- Effective
- 2026-05-27
Exact text from the filing
entered into that certain Sale and Servicing Agreement, dated as of the Closing Date (the "Sale and Servicing Agreement"), with NARC II, as seller, NMAC, as servicer, and U.S. Bank Trust Company, National Association, as indenture trustee
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Nissan Auto Receivables 2026-A Owner Trust entered into Securities Account Control Agreement dated as of the Closing Date with U.S. Bank National Association, as securities intermediary valued at Maintenance of certain accounts (effective 2026-05-27).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- U.S. Bank National Association, as securities intermediary
- Value
- Maintenance of certain accounts
- Effective
- 2026-05-27
Exact text from the filing
Also on the Closing Date, the Issuing Entity, the Indenture Trustee, as the secured party, and U.S. Bank National Association, as securities intermediary (the "Securities Intermediary"), entered into that certain Securities Account Control Agreement, dated as of the Closing Date (the "Securities Account Control Agreement"), pursuant to which the Securities Intermediary will maintain certain accounts.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Nissan Auto Receivables 2026-A Owner Trust entered into Administration Agreement dated as of the Closing Date with Nissan Motor Acceptance Company LLC, as administrator valued at Provision of certain services relating to the Notes (effective 2026-05-27).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- Nissan Motor Acceptance Company LLC, as administrator
- Value
- Provision of certain services relating to the Notes
- Effective
- 2026-05-27
Exact text from the filing
Also on the Closing Date, the Issuing Entity, as issuer, NMAC, as administrator and the Indenture Trustee entered into that certain Administration Agreement, dated as of the Closing Date (the "Administration Agreement"), relating to the provision by NMAC of certain services relating to the Notes.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Nissan Auto Receivables 2026-A Owner Trust entered into Purchase Agreement dated as of the Closing Date with Nissan Motor Acceptance Company LLC valued at Purchase of retail motor-vehicle installment sales contracts and related property (effective 2026-05-27).
- Action
- entry
- Counterparty
- Nissan Motor Acceptance Company LLC
- Value
- Purchase of retail motor-vehicle installment sales contracts and related property
- Effective
- 2026-05-27
Exact text from the filing
On May 27, 2026 (the "Closing Date"), Nissan Auto Receivables Company II LLC ("NARC II") and Nissan Motor Acceptance Company LLC ("NMAC") entered into that certain Purchase Agreement, dated as of the Closing Date (the "Purchase Agreement"), pursuant to which NMAC transferred to NARC II certain retail motor-vehicle installment sales contracts relating to certain new, near-new and used automobiles and light-duty trucks (the "Receivables") and related property.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Nissan Auto Receivables 2026-A Owner Trust entered into Amended and Restated Trust Agreement dated as of the Closing Date with Wilmington Trust, National Association, as owner trustee; U.S. Bank Trust Company, National Association, as certificate registrar and certificate paying agent valued at Establishment of Issuing Entity as a Delaware statutory trust (effective 2026-05-27).
- Action
- entry
- Counterparty
- Wilmington Trust, National Association, as owner trustee; U.S. Bank Trust Company, National Association, as certificate registrar and certificate paying agent
- Value
- Establishment of Issuing Entity as a Delaware statutory trust
- Effective
- 2026-05-27
Exact text from the filing
On the Closing Date, Nissan Auto Receivables 2026-A Owner Trust (the "Issuing Entity"), a Delaware statutory trust established by a Trust Agreement dated as of April 9, 2026, as amended and restated by an Amended and Restated Trust Agreement dated as of the Closing Date (the "Amended and Restated Trust Agreement"), by and between NARC II, as depositor, Wilmington Trust, National Association, as owner trustee
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Nissan Auto Receivables 2026-A Owner Trust entered into Indenture dated as of the Closing Date with U.S. Bank Trust Company, National Association, as indenture trustee valued at $260,000,000 Class A-1, $240,000,000 Class A-2a, $198,130,000 Class A-2b, $438,130,000 Class A-3, $9 (effective 2026-05-27).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- U.S. Bank Trust Company, National Association, as indenture trustee
- Value
- $260,000,000 Class A-1, $240,000,000 Class A-2a, $198,130,000 Class A-2b, $438,130,000 Class A-3, $9
- Effective
- 2026-05-27
Exact text from the filing
Also 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 the Indenture Trustee, of $260,000,000 aggregate principal amount of Class A-1 Asset Backed Notes, $240,000,000 aggregate principal amount of Class A-2a Asset Backed Notes, $198,130,000 aggregate principal amount of Class A-2b Asset Backed Notes, $438,130,000 aggregate principal amount of Class A-3 Asset Backed Notes, $93,750,000 aggregate principal amount of Class A-4 Asset Backed Notes, $21,140,000 aggregate principal amount of Class B Asset Backed Notes and $17,300,000 aggregate principal amount of Class C Asset Backed Notes (collectively, the "Notes").
View on SEC.gov
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