Nissan Auto Lease Trust 2026-B 8K

Nissan Auto Lease Trust 2026-B entered into an Underwriting Agreement for a registered auto lease securitization of roughly $1.29 billion of asset-backed notes, establishing the related 2026-B series structure, transferring the underlying lease assets, and setting terms for the sale of multiple note classes to underwriters led by Citigroup Global Markets Inc.

The Form 8-K discloses that Nissan Auto Lease Trust 2026-B, sponsored and serviced by Nissan Motor Acceptance Company LLC (NMAC) and using Nissan Auto Leasing LLC II as depositor, has entered into an Underwriting Agreement dated July 21, 2026 with Citigroup Global Markets Inc., as representative of a syndicate of underwriters, for the public offering and sale of multiple classes of asset-backed notes totaling approximately $1.29 billion, secured by a designated 2026-B series of auto lease contracts and related leased vehicles. In connection with this securitization, the parties are establishing the 2026-B Series within the Nissan-Infiniti LT LLC titling company structure, allocating the 2026-B leases, vehicles and related assets to that series, issuing a 2026-B Series Certificate to NILT LLC, selling and transferring that series certificate through the depositor to the issuing entity, and having the issuing entity issue both the notes and a subordinated trust certificate representing the residual interest. The notes will be issued under an indenture with U.S. Bank Trust Company, National Association as indenture trustee, and the trust certificate under a trust agreement with Wilmington Trust, National Association as owner trustee, with NMAC acting as servicer and administrator, and a third-party asset representations reviewer engaged; NMAC also represents compliance with Regulation AB, Rule 17g‑5, SEC credit risk retention rules (holding at least a 5% eligible horizontal residual interest), and other regulatory requirements for a registered SF‑3 shelf ABS transaction. The agreement specifies the classes, rates, and underwriters’ purchase prices for each tranche, and sets the closing date for issuance and delivery of the notes, subject to customary representations, warranties, covenants, and conditions.

Filing Facts

CIK

2141529

Ticker

-

Form

8K

Source Type

sec

Accession

0001193125-26-313760

Alert Tier

6