Nissan Auto Receivables Corp. II

10/18/2024 | Press release | Distributed by Public on 10/18/2024 14:04

Material Event Form 8 K

ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT

On October 16, 2024, Nissan Auto Receivables Company II LLC ("NARC II") and Nissan Motor Acceptance Company LLC ("NMAC") entered into an Underwriting Agreement with Mizuho Securities USA LLC, on behalf of itself and as representative of the several underwriters (collectively, the "Underwriters"), for the issuance and sale of notes of Nissan Auto Receivables 2024-B Owner Trust (the "Issuing Entity"), a Delaware statutory trust established by a Trust Agreement dated as of August 9, 2024, by and between NARC II, as depositor, NMAC, as administrator, and Wilmington Trust, National Association as owner trustee, in the following classes: Class A-1,Class A-2a,Class A-2b,Class A-3 and Class A-4 (collectively, the "Notes"). The Notes have an aggregate principal balance of $1,250,000,000. The Notes have been registered pursuant to the Securities Act of 1933, as amended, under a Registration Statement on Form SF-3 (Commission File No. 333-279448). It is anticipated that the Notes will be issued on or about October 23, 2024 (the "Closing Date").

Attached as Exhibit 1.1 is the Underwriting Agreement.