Filed Pursuant to Rule 433
Registration No. 333-279448 and
333-279448-05
*Full Pricing Details* ~$1.29bn (Offered) Nissan Prime Auto Loan (NAROT 2026-B)
Priced
Joint Bookrunners: Mizuho (str), BofA, BNP Paribas and US Bancorp
Co Managers: Citi, Lloyds, MUFG
- ANTICIPATED CAPITAL STRUCTURE -
| CLS | SIZE($mm)* | WAL^ | M/F* | P.WIN^ | E.FNL^ | L.FNL | BENCH | SPREAD | YIELD | COUPON | PRICE | |||||||||||||
| A-1 |
276.000 | 0.25 | P-1/F1+ | 01-07 | 04/27 | 10/27 | I-CRV | +14 | 4.235 | 4.235 | 100.00000 | |||||||||||||
| A-2A |
364.600 | 1.01 | Aaa/AAA | 07-19 | 04/28 | 07/29 | I-CRV | +33 | 4.751 | 4.70 | 99.99562 | |||||||||||||
| A-2B |
80.000 | 1.01 | Aaa/AAA | 07-19 | 04/28 | 07/29 | SOFR30A | +33 | 100.00000 | |||||||||||||||
| A-3 |
444.600 | 2.31 | Aaa/AAA | 19-40 | 01/30 | 04/31 | I-CRV | +38 | 5.134 | 5.07 | 99.97868 | |||||||||||||
| A-4 |
81.500 | 3.55 | Aaa/AAA | 40-46 | 07/30 | 04/32 | I-CRV | +41 | 5.213 | 5.15 | 99.97667 | |||||||||||||
| B |
21.430 | 3.79 | Aa3/AA+ | 46-46 | 07/30 | 06/32 | I-CRV | +58 | 5.385 | 5.32 | 99.98118 | |||||||||||||
| C |
17.540 | 3.79 | A3/A | 46-46 | 07/30 | 06/34 | I-CRV | +78 | 5.585 | 5.52 | 99.99650 | |||||||||||||
* Expected Ratings
^ Assumes pricing speed of 1.30% ABS to 5% Call
- Transaction Details -
* Offered Size : $1,285,670,000
* Bloomberg Ticker : NAROT 2026-B
* Expected Ratings : Moody’s / Fitch
* Format : SEC Registered
* Pricing Speed : 1.30% ABS to 5% Call
* Min. Denoms : $1k x $1k
* RR Compliant : US - Yes | EU - No | UK - No
* Expected Pricing : Priced
* Expected Settlement : 09/30/26
* First Pay Date : 10/15/26
* ERISA : Yes
* Bill & Deliver : Mizuho
- Available Materials -
* Preliminary Prospectus, Ratings FWP, CDI (attached)
* Intexnet Dealname : mznart26b_upsize; Password: V6UU
* Deal Roadshow : https://dealroadshow.com ; Passcode: NAROT26B
- NAROT 2026-B CUSIPs/ISINs -
Class A-1:
SEC: 65481VAA0/ US65481VAA08
Class A-2-A:
SEC: 65481VAB8 / US65481VAB80
Class A-2-B:
SEC: 65481VAC6 / US65481VAC63
Class A-3:
SEC: 65481VAD4 / US65481VAD47
Class A-4:
SEC: 65481VAE2 / US65481VAE20
Class B:
SEC: 65481VAF9 / US65481VAF94
Class C:
SEC: 65481VAG7 / US65481VAG77
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The issuer has filed a registration statement (including a base prospectus) with the SEC for the offering to which this free writing prospectus relates. Before you invest in this offering, you should read the base 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, Mizuho will arrange to send you a prospectus at no charge if you request it by calling Toll Free: 866-271-7403.