07/24/2026 | Press release | Distributed by Public on 07/24/2026 13:25
Nissan Auto Receivables 2023-A Owner Trust
Servicer's Certificate
|
Collection Period |
30-Jun-26 | 30/360 Days | 30 | Collection Period Start | 1-Jun-26 | |||||||||||
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Distribution Date |
15-Jul-26 | Actual/360 Days | 30 | Collection Period End | 30-Jun-26 | |||||||||||
| Prior Month Settlement Date | 15-Jun-26 | |||||||||||||||
| Current Month Settlement Date | 15-Jul-26 |
| Coupon Rate | Initial Balance | Beginning Balance | Ending Balance | Pool Factor | ||||||||||||||||
|
Pool Balance |
1,460,472,153.77 | 202,213,838.23 | 186,377,290.72 | 0.143138 | ||||||||||||||||
|
Yield Supplement Overcollaterization |
158,388,819.56 | 8,982,089.14 | 7,969,634.52 | |||||||||||||||||
|
Total Adjusted Pool Balance |
1,302,083,334.21 | 193,231,749.09 | 178,407,656.20 | |||||||||||||||||
|
Total Adjusted Securities |
1,302,083,334.21 | 193,231,749.09 | 178,407,656.20 | 0.137017 | ||||||||||||||||
|
Class A-1 Notes |
5.42400 | % | 300,000,000.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
|
Class A-2a Notes |
5.34000 | % | 227,500,000.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
|
Class A-2b Notes |
4.24301 | % | 225,000,000.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
|
Class A-3 Notes |
4.91000 | % | 402,500,000.00 | 46,148,414.88 | 31,324,321.99 | 0.077824 | ||||||||||||||
|
Class A-4 Notes |
4.85000 | % | 95,000,000.00 | 95,000,000.00 | 95,000,000.00 | 1.000000 | ||||||||||||||
|
Certificates |
0.00000 | % | 52,083,334.21 | 52,083,334.21 | 52,083,334.21 | 1.000000 | ||||||||||||||
|
Principal Payment |
Interest Payment |
Principal per $1000 Face Amount |
Interest per $1000 Face Amount |
|||||||||||||||||
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Class A-1 Notes |
0.00 | 0.00 | - | - | ||||||||||||||||
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Class A-2a Notes |
0.00 | 0.00 | - | - | ||||||||||||||||
|
Class A-2b Notes |
0.00 | 0.00 | - | - | ||||||||||||||||
|
Class A-3 Notes |
14,824,092.89 | 188,823.93 | 36.8300444 | 0.4691278 | ||||||||||||||||
|
Class A-4 Notes |
0.00 | 383,958.33 | - | 4.0416666 | ||||||||||||||||
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Certificates |
0.00 | 0.00 | - | - | ||||||||||||||||
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Total Securities |
14,824,092.89 | 572,782.26 | ||||||||||||||||||
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I. COLLECTIONS |
||||||||||||||||||||
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Interest: |
||||||||||||||||||||
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Interest Collections |
714,545.07 | |||||||||||||||||||
|
Repurchased Loan Proceeds Related to Interest |
0.00 | |||||||||||||||||||
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Total Interest Collections |
714,545.07 | |||||||||||||||||||
|
Principal: |
||||||||||||||||||||
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Principal Collections |
15,720,599.18 | |||||||||||||||||||
|
Repurchased Loan Proceeds Related to Principal |
0.00 | |||||||||||||||||||
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Total Principal Collections |
15,720,599.18 | |||||||||||||||||||
|
Recoveries of Defaulted Receivables |
164,199.83 | |||||||||||||||||||
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Total Collections |
16,599,344.08 | |||||||||||||||||||
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II. COLLATERAL POOL BALANCE DATA |
||||||||||||||||||||
| Number | Amount | |||||||||||||||||||
|
Adjusted Pool Balance - Beginning of Period |
23,182 | 193,231,749.09 | ||||||||||||||||||
|
Total Principal Payment |
14,824,092.89 | |||||||||||||||||||
| 22,317 | 178,407,656.20 | |||||||||||||||||||
Nissan Auto Receivables 2023-A Owner Trust
Servicer's Certificate
|
III. DISTRIBUTIONS |
||||
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Total Collections |
16,599,344.08 | |||
|
Reserve Account Draw |
0.00 | |||
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Total Available for Distribution |
16,599,344.08 | |||
|
1. Reimbursement of Advance |
0.00 | |||
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2. Servicing Fee: |
||||
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Servicing Fee Due |
168,511.53 | |||
|
Servicing Fee Paid |
168,511.53 | |||
|
Servicing Fee Shortfall |
0.00 | |||
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3. Interest: |
||||
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Class A-1 Notes Monthly Interest |
||||
|
Class A-1 Notes Interest Carryover Shortfall |
0.00 | |||
|
Class A-1 Notes Interest on Interest Carryover Shortfall |
0.00 | |||
|
Class A-1 Notes Monthly Interest Distributable Amount |
0.00 | |||
|
Class A-1 Notes Monthly Interest Paid |
0.00 | |||
|
Change in Class A-1 Notes Interest Carryover Shortfall |
0.00 | |||
|
Class A-2a Notes Monthly Interest |
||||
|
Class A-2a Notes Interest Carryover Shortfall |
0.00 | |||
|
Class A-2a Notes Interest on Interest Carryover Shortfall |
0.00 | |||
|
Class A-2a Notes Monthly Interest Distributable Amount |
0.00 | |||
|
Class A-2a Notes Monthly Interest Paid |
0.00 | |||
|
Change in Class A-2a Notes Interest Carryover Shortfall |
0.00 | |||
|
Class A-2b Notes Monthly Interest |
||||
|
Class A-2b Notes Interest Carryover Shortfall |
0.00 | |||
|
Class A-2b Notes Interest on Interest Carryover Shortfall |
0.00 | |||
|
Class A-2b Notes Monthly Interest Distributable Amount |
0.00 | |||
|
Class A-2b Notes Monthly Interest Paid |
0.00 | |||
|
Change in Class A-2b Notes Interest Carryover Shortfall |
0.00 | |||
|
Class A-3 Notes Monthly Interest |
||||
|
Class A-3 Notes Interest Carryover Shortfall |
0.00 | |||
|
Class A-3 Notes Interest on Interest Carryover Shortfall |
0.00 | |||
|
Class A-3 Notes Monthly Interest Distributable Amount |
188,823.93 | |||
|
Class A-3 Notes Monthly Interest Paid |
188,823.93 | |||
|
Change in Class A-3 Notes Interest Carryover Shortfall |
0.00 | |||
|
Class A-4 Notes Monthly Interest |
||||
|
Class A-4 Notes Interest Carryover Shortfall |
0.00 | |||
|
Class A-4 Notes Interest on Interest Carryover Shortfall |
0.00 | |||
|
Class A-4 Notes Monthly Interest Distributable Amount |
383,958.33 | |||
|
Class A-4 Notes Monthly Interest Paid |
383,958.33 | |||
|
Change in Class A-4 Notes Interest Carryover Shortfall |
0.00 | |||
Nissan Auto Receivables 2023-A Owner Trust
Servicer's Certificate
|
Total Note Monthly Interest |
||||||||
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Total Note Monthly Interest Due |
572,782.26 | |||||||
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Total Note Monthly Interest Paid |
572,782.26 | |||||||
|
Total Note Interest Carryover Shortfall |
0.00 | |||||||
|
Change in Total Note Interest Carryover Shortfall |
0.00 | |||||||
|
Total Available for Principal Distribution |
15,858,050.29 | |||||||
|
4. Total Monthly Principal Paid on the Notes |
14,824,092.89 | |||||||
|
Total Noteholders' Principal Carryover Shortfall |
0.00 | |||||||
|
Total Noteholders' Principal Distributable Amount |
14,824,092.89 | |||||||
|
Change in Total Noteholders' Principal Carryover Shortfall |
0.00 | |||||||
|
5. Total Monthly Principal Paid on the Certificates |
0.00 | |||||||
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Total Certificateholders' Principal Carryover Shortfall |
0.00 | |||||||
|
Total Certificateholders' Principal Distributable Amount |
0.00 | |||||||
|
Change in Total Certificateholders' Principal Carryover Shortfall |
0.00 | |||||||
|
Remaining Available Collections |
1,033,957.40 | |||||||
|
Deposit from Remaining Available Collections to fund Reserve Account |
0.00 | |||||||
|
Remaining Available Collections Released to Certificateholder |
1,033,957.40 | |||||||
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V. RESERVE ACCOUNT |
||||||||
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Initial Reserve Account Amount |
3,255,208.34 | |||||||
|
Required Reserve Account Amount |
3,255,208.34 | |||||||
|
Beginning Reserve Account Balance |
3,255,208.34 | |||||||
|
Deposit of Remaining Available Collections |
0.00 | |||||||
|
Ending Reserve Account Balance |
3,255,208.34 | |||||||
|
Required Reserve Account Amount for Next Period |
3,255,208.34 | |||||||
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VI. POOL STATISTICS |
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Weighted Average Coupon |
4.13 | % | ||||||
|
Weighted Average Remaining Maturity |
22.72 | |||||||
| Amount | Number | |||||||
|
Principal on Defaulted Receivables |
115,948.33 | 13 | ||||||
|
Principal Recoveries of Defaulted Receivables |
164,199.83 | |||||||
|
Monthly Net Losses |
(48,251.50 | ) | ||||||
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Pool Balance at Beginning of Collection Period |
202,213,838.23 | |||||||
|
Net Loss Ratio for Third Preceding Collection Period |
-0.25 | % | ||||||
|
Net Loss Ratio for Second Preceding Collection Period |
-0.58 | % | ||||||
|
Net Loss Ratio for Preceding Collection Period |
0.16 | % | ||||||
|
Net Loss Ratio for Current Collection Period |
-0.29 | % | ||||||
|
Four-Month Average Net Loss Ratio |
-0.24 | % | ||||||
|
Cumulative Net Losses for all Periods |
4,880,619.66 | |||||||
Nissan Auto Receivables 2023-A Owner Trust
Servicer's Certificate
| Amount | Number |
% of Receivables (EOP Balance) |
||||||||||
|
Delinquent Receivables: |
||||||||||||
|
31-60 Days Delinquent |
1,643,510.62 | 163 | 0.88 | % | ||||||||
|
61-90 Days Delinquent |
593,223.71 | 43 | 0.32 | % | ||||||||
|
91-120 Days Delinquent |
9,012.27 | 3 | 0.00 | % | ||||||||
|
More than 120 Days |
0.00 | 0 | 0.00 | % | ||||||||
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Total 31+ Days Delinquent Receivables: |
2,245,746.60 | 209 | 1.20 | % | ||||||||
|
61+ Days Delinquencies as Percentage of Receivables (EOP): |
||||||||||||
|
Delinquency Ratio for Third Preceding Collection Period |
0.18 | % | 0.16 | % | ||||||||
|
Delinquency Ratio for Second Preceding Collection Period |
0.19 | % | 0.15 | % | ||||||||
|
Delinquency Ratio for Preceding Collection Period |
0.22 | % | 0.19 | % | ||||||||
|
Delinquency Ratio for Current Collection Period |
0.32 | % | 0.21 | % | ||||||||
|
Four-Month Average Delinquency Ratio |
0.23 | % | 0.18 | % | ||||||||
|
60 Day Delinquent Receivables |
607,771.66 | |||||||||||
|
Delinquency Percentage |
0.33 | % | ||||||||||
|
Delinquency Trigger |
4.90 | % | ||||||||||
|
Does the Delinquency Percentage exceed the Delinquency Trigger? |
No | |||||||||||
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Principal Balance of Extensions |
896,423.35 | |||||||||||
|
Number of Extensions |
77 | |||||||||||
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VII. STATEMENTS TO NOTEHOLDERS |
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1. Has there been a material change in practices with respect to charge-offs, collection and management of delinquent Receivables, and the effect of any grace period, re-aging, re-structuring, partial payments or other practices on delinquency and loss experience? |
NO | |||||||||||
|
2. Have there been any material breaches of representations, warranties or covenants contained in the Receivables? |
NO | |||||||||||
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3. Has there been an issuance of notes or other securities backed by the Receivables? |
NO | |||||||||||
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4. Has there been a material change in the underwriting, origination or acquisition of Receivables? |
NO | |||||||||||