Nissan Auto Receivables 2026-B Owner Trust filed a prospectus on September 22, 2026, to offer a new asset-backed securities issuance. The filing details a total aggregate principal amount of $978,070,000 for the notes, which are backed by a pool of receivables.
The offering structure includes seven classes of Asset Backed Notes, ranging from Class A-1 to Class C. The Class A notes, which represent the senior tranche of the issuance, have the following principal amounts:
- Class A-1: $276,000,000
- Class A-2a: $364,600,000
- Class A-2b: $80,000,000
- Class A-3: $444,600,000
- Class A-4: $81,500,000
The remaining classes, which represent the subordinate tranche, consist of:
- Class B: $21,430,000
- Class C: $17,540,000
The registrant is Nissan Auto Receivables Company II LLC, with Nissan Motor Acceptance Company LLC serving as the sponsor. The filing includes legal opinions from Mayer Brown LLP regarding the legality and tax matters of the transaction, dated September 24, 2026.
