Filed Pursuant to Rule 433
Registration Nos. 333-208544 and 333-208544-03
$1.25B Nissan Auto Receivables 2016-C Owner Trust Prime Auto Loan
Joint Bookrunners: Wells Fargo(str), HSBC, Mizuho
Co-Managers: Scotia, SMBC, SocGen, TD
Cls | Amt($mm) | F/M | WAL | PWIN | BENCH | SPREAD | YIELD | CPN | $PRICE | |||||||||
A-1 | 296.000 | F1+/P-1 | 0.33 | 1-7 | Yield | 0.620% | 0.62% | 100.00000 | ||||||||||
A-2A | 330.000 | AAA/Aaa | 1.10 | 7-20 | EDSF | +22 | 1.076% | 1.07% | 99.99606 | |||||||||
A-2B | 100.000 | AAA/Aaa | 1.10 | 7-20 | 1ML | +22 | 100.00000 | |||||||||||
A-3 | 428.000 | AAA/Aaa | 2.38 | 20-39 | ISwap | +25 | 1.187% | 1.18% | 99.99044 | |||||||||
A-4 | 96.000 | AAA/Aaa | 3.62 | 39-47 | ISwap | +38 | 1.390% | 1.38% | 99.97883 |
BILL & DELIVER | : Wells Fargo | BBG TICKER | : NAROT 16-C | |||
REGISTRATION | : Public | EXPECTED RATINGS | : Fitch/Moodys | |||
EXPECTED SETTLE | : 8/10/2016 | FIRST PAY DATE | : 9/15/2016 | |||
ERISA ELIGIBLE | : Yes | EXPECTED PRICING | : PRICED | |||
DENOMS | : $1k/$1k | PXG SPEED | : 1.3% ABS, 5% Clean-up |