Filed Pursuant to Rule 433
Registration Nos.: 333-209768 and 333-209768-07
*Full Pricing* $1.25bn Nissan Auto Lease Trust2019-A
Joint Lead Managers: Citi (str.), Lloyds, SMBC, and Société Générale
Co-Managers: BNP, MUFG, Scotia, TD
Anticipated Capital Structure:
Class | Amt ($mm) | M/S** | WAL*** | EFin | LFin | Wndw | Bnch | Spd | Yld% | CPN | $PX | |||||||||||||||||||||||||||||||||
A-1 | 175.00 | P-1/A-1+ | 0.29 | 10/19 | 4/20 | 1-6 | IntL | +1 | 2.59881 | 2.59881 | 100.00000 | |||||||||||||||||||||||||||||||||
A-2 | 530.00 | Aaa/AAA | 1.12 | 10/20 | 7/21 | 6-18 | EDSF | +18 | 2.728 | 2.71 | 99.99712 | |||||||||||||||||||||||||||||||||
A-3 | 437.00 | Aaa/AAA | 1.85 | 6/21 | 3/22 | 18-26 | EDSF | +32 | 2.780 | 2.76 | 99.99274 | |||||||||||||||||||||||||||||||||
A-4 | 108.00 | Aaa/AAA | 2.31 | 9/21 | 7/24 | 26-29 | iSwps | +39 | 2.804 | 2.78 | 99.98268 | |||||||||||||||||||||||||||||||||
| ** | Expected Ratings |
| *** | Assumes a 75% PPC to maturity |
| Deal Summary: | ||||||||||
| Ticker: | NALT2019-A | |||||||||
| ERISA Eligible: | Yes | |||||||||
| Expected Ratings: | Moody’s, S&P | |||||||||
| Timing: | Priced | |||||||||
| Settle: | 4/15/19 | |||||||||
| Bill & Deliver: | Citi | |||||||||
| First Pay: | 5/15/2019 | |||||||||
| Min Denoms: | $25K x $1K | |||||||||
| Registration: | Public |
-Available Information-
* Preliminary Prospectus, Ratings FWP, CDI file (attached)
* Intex Deal Name: XNAL19A_1BN Password: 7UAJ
* Link:https://dealroadshow.com Passcode: NALT19A
| CUSIPS: | ||||||||||
| A-1 | 65479PAA7 | |||||||||
| A-2 | 65479PAB5 | |||||||||
| A-3 | 65479PAD1 | |||||||||
| A-4 | 65479PAE9 |
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the 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 atwww.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free1-800-831-9146. Any legends, disclaimers or notices that appear below are not applicable to this message and should be disregarded. Such text has been automatically generated via bloomberg or another system.
