07/17/2024 | Press release | Distributed by Public on 07/17/2024 15:20
Filed Pursuant to Rule 433
Registration No. 333-258304-01 and 333-258304-07
*Full Pricing* $1200mm Nissan Auto Lease Trust 2024-B (NALT 2024-B)
Joint Lead Bookrunners: Citi (str.), BNP Paribas, US Bancorp, and Wells Fargo
Co-Managers: Lloyds, MUFG, Mizuho and BofA
Capital Structure:
CL | SIZE*(MM) | WAL | M/F | P.WIN | E. Final | L. Final | BENCH | Spread | Yld% | Cpn% | PX | |||||||||||
A-1 |
$126.000 | 0.30 | P-1/F1+ | 1-7 | 02/15/2025 | 08/15/2025 | I-Curve | +12 | 5.435 | 5.435 | 100.00000 | |||||||||||
A-2A |
$220.000 | 1.40 | Aaa/AAA | 7-24 | 07/15/2026 | 06/15/2027 | I-Curve | +42 | 5.110 | 5.05 | 99.99156 | |||||||||||
A-2B |
$253.250 | 1.40 | Aaa/AAA | 7-24 | 07/15/2026 | 06/15/2027 | SOFR30A | +41 | - | 100.00000 | ||||||||||||
A-3 |
$473.250 | 2.38 | Aaa/AAA | 24-32 | 03/15/2027 | 11/15/2027 | I-Curve | +61 | 4.971 | 4.92 | 99.99953 | |||||||||||
A-4 |
$ 68.700 | 2.70 | Aaa/AAA | 32-33 | 04/15/2027 | 08/15/2028 | I-Curve | +73 | 5.019 | 4.96 | 99.98177 | |||||||||||
B |
$ 58.800 | 2.76 | Aa2/AA | 33-34 | 05/15/2027 | 12/15/2028 | I-Curve | +100 | 5.275 | 5.21 | 99.97983 | |||||||||||
-Deal Summary-
Exp. Settle : July 24th, 2024
First Pay Date : August 15th, 2024
Offering Format : SEC Registered
ERISA : Yes
Exp. Ratings : Moody's/Fitch
Min Denoms : $25K x $1K
BBG Ticker : NALT 2024-B
B&D : Citi
Delivery : DTC, Clearstream
Cusips:
A1 65481D AA0
A2a 65481D AB8
A2b 65481D AC6
A3 65481D AD4
A4 65481D AE2
B 65481D AF9
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Website at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-831-9146.