Filed Pursuant to Rule 433
Registration Nos.: 333-209768 and 333-209768-05
*Full Pxing* $1.25BN Nissan Auto Lease Trust Series2017-B
Jt. Leads: Citi, HSBC, MUFG, SMBC Nikko
Co-Managers: BofA Merrill Lynch, BNP Paribas, Scotia Bank, TD Securities
Anticipated Capital Structure:
Class | Amt($mm) | M/F** | WAL*** | WIN | Bench | Launch | Yield | Coupon | Price | |||||||||||||||||||||||||||
A-1 | 158.00 | P-1/F1+ | 0.22 | 1-6 | Yield | 1.320 | % | 1.32 | % | 100.00000 | ||||||||||||||||||||||||||
A-2a | 372.00 | Aaa/AAA | 1.23 | 6-22 | EDSF | +21 | 1.843 | % | 1.83 | % | 99.99275 | |||||||||||||||||||||||||
A-2b | 248.00 | Aaa/AAA | 1.23 | 6-22 | 1mL | +21 | 1mL+0.21 | 100.00000 | ||||||||||||||||||||||||||||
A-3 | 370.00 | Aaa/AAA | 1.95 | 22-28 | EDSF | +32 | 2.068 | % | 2.05 | % | 99.98253 | |||||||||||||||||||||||||
A-4 | 102.00 | Aaa/AAA | 2.35 | 28-30 | iSwps | +41 | 2.186 | % | 2.17 | % | 99.98605 |
** | Expected Ratings |
*** | Assumes a 75% PPC to maturity |
Ticker: | NALT 2017-B | ERISA Eligible: | Yes | |||||||
Expected Ratings: | Moody’s, Fitch | Expected Pricing: | Priced | |||||||
Pxg Speed: | 75% PPC to maturity | Expected Settle: | 10/10/17 | |||||||
Bill & Deliver: | Citi | First Pay: | 10/16/17 | |||||||
Min Denoms: | $25K x $1K | Registration: | Public |
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