Nissan Auto Receivables 2023-A Owner Trust
06/26/2026 | Press release | Distributed by Public on 06/26/2026 09:29
Asset-Backed Issuer Distribution Report (Form 10-D)
Nissan Auto Receivables 2023-A Owner Trust
Servicer's Certificate
|
Collection Period |
31-May-26 | 30/360 Days | 30 | Collection Period Start | 1-May-26 | |||||||||||
|
Distribution Date |
15-Jun-26 | Actual/360 Days | 31 | Collection Period End | 31-May-26 | |||||||||||
| Prior Month Settlement Date | 15-May-26 | |||||||||||||||
| Current Month Settlement Date | 15-Jun-26 |
| Coupon Rate | Initial Balance | Beginning Balance | Ending Balance | Pool Factor | ||||||||||||||||
|
Pool Balance |
1,460,472,153.77 | 217,396,874.37 | 202,213,838.23 | 0.155300 | ||||||||||||||||
|
Yield Supplement Overcollaterization |
158,388,819.56 | 9,990,884.93 | 8,982,089.14 | |||||||||||||||||
|
Total Adjusted Pool Balance |
1,302,083,334.21 | 207,405,989.44 | 193,231,749.09 | |||||||||||||||||
|
Total Adjusted Securities |
1,302,083,334.21 | 207,405,989.44 | 193,231,749.09 | 0.148402 | ||||||||||||||||
|
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 |
4.29285 | % | 225,000,000.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
|
Class A-3 Notes |
4.91000 | % | 402,500,000.00 | 60,322,655.23 | 46,148,414.88 | 0.114654 | ||||||||||||||
|
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 |
|||||||||||||||||
|
Class A-1 Notes |
0.00 | 0.00 | - | - | ||||||||||||||||
|
Class A-2a Notes |
0.00 | 0.00 | - | - | ||||||||||||||||
|
Class A-2b Notes |
0.00 | 0.00 | - | - | ||||||||||||||||
|
Class A-3 Notes |
14,174,240.35 | 246,820.20 | 35.2155040 | 0.6132179 | ||||||||||||||||
|
Class A-4 Notes |
0.00 | 383,958.33 | - | 4.0416666 | ||||||||||||||||
|
Certificates |
0.00 | 0.00 | - | - | ||||||||||||||||
|
Total Securities |
14,174,240.35 | 630,778.53 | ||||||||||||||||||
|
I. COLLECTIONS |
||||||||||||||||||||
|
Interest: |
||||||||||||||||||||
|
Interest Collections |
701,302.91 | |||||||||||||||||||
|
Repurchased Loan Proceeds Related to Interest |
0.00 | |||||||||||||||||||
|
Total Interest Collections |
701,302.91 | |||||||||||||||||||
|
Principal: |
||||||||||||||||||||
|
Principal Collections |
15,048,359.54 | |||||||||||||||||||
|
Repurchased Loan Proceeds Related to Principal |
0.00 | |||||||||||||||||||
|
Total Principal Collections |
15,048,359.54 | |||||||||||||||||||
|
Recoveries of Defaulted Receivables |
105,029.88 | |||||||||||||||||||
|
Total Collections |
15,854,692.33 | |||||||||||||||||||
|
II. COLLATERAL POOL BALANCE DATA |
||||||||||||||||||||
| Number | Amount | |||||||||||||||||||
|
Adjusted Pool Balance - Beginning of Period |
24,387 | 207,405,989.44 | ||||||||||||||||||
|
Total Principal Payment |
14,174,240.35 | |||||||||||||||||||
| 23,182 | 193,231,749.09 | |||||||||||||||||||
Nissan Auto Receivables 2023-A Owner Trust
Servicer's Certificate
|
III. DISTRIBUTIONS |
||||
|
Total Collections |
15,854,692.33 | |||
|
Reserve Account Draw |
0.00 | |||
|
Total Available for Distribution |
15,854,692.33 | |||
|
1. Reimbursement of Advance |
0.00 | |||
|
2. Servicing Fee: |
||||
|
Servicing Fee Due |
181,164.06 | |||
|
Servicing Fee Paid |
181,164.06 | |||
|
Servicing Fee Shortfall |
0.00 | |||
|
3. Interest: |
||||
|
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 |
246,820.20 | |||
|
Class A-3 Notes Monthly Interest Paid |
246,820.20 | |||
|
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 |
||||||||
|
Total Note Monthly Interest Due |
630,778.53 | |||||||
|
Total Note Monthly Interest Paid |
630,778.53 | |||||||
|
Total Note Interest Carryover Shortfall |
0.00 | |||||||
|
Change in Total Note Interest Carryover Shortfall |
0.00 | |||||||
|
Total Available for Principal Distribution |
15,042,749.74 | |||||||
|
4. Total Monthly Principal Paid on the Notes |
14,174,240.35 | |||||||
|
Total Noteholders' Principal Carryover Shortfall |
0.00 | |||||||
|
Total Noteholders' Principal Distributable Amount |
14,174,240.35 | |||||||
|
Change in Total Noteholders' Principal Carryover Shortfall |
0.00 | |||||||
|
5. Total Monthly Principal Paid on the Certificates |
0.00 | |||||||
|
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 |
868,509.39 | |||||||
|
Deposit from Remaining Available Collections to fund Reserve Account |
0.00 | |||||||
|
Remaining Available Collections Released to Certificateholder |
868,509.39 | |||||||
|
V. RESERVE ACCOUNT |
||||||||
|
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 | |||||||
|
VI. POOL STATISTICS |
||||||||
|
Weighted Average Coupon |
4.08 | % | ||||||
|
Weighted Average Remaining Maturity |
23.45 | |||||||
| Amount | Number | |||||||
|
Principal on Defaulted Receivables |
134,676.60 | 12 | ||||||
|
Principal Recoveries of Defaulted Receivables |
105,029.88 | |||||||
|
Monthly Net Losses |
29,646.72 | |||||||
|
Pool Balance at Beginning of Collection Period |
217,396,874.37 | |||||||
|
Net Loss Ratio for Third Preceding Collection Period |
0.16 | % | ||||||
|
Net Loss Ratio for Second Preceding Collection Period |
-0.25 | % | ||||||
|
Net Loss Ratio for Preceding Collection Period |
-0.58 | % | ||||||
|
Net Loss Ratio for Current Collection Period |
0.16 | % | ||||||
|
Four-Month Average Net Loss Ratio |
-0.12 | % | ||||||
|
Cumulative Net Losses for all Periods |
4,928,871.16 | |||||||
Nissan Auto Receivables 2023-A Owner Trust
Servicer's Certificate
| Amount | Number |
% of Receivables (EOP Balance) |
||||||||||
|
Delinquent Receivables: |
||||||||||||
|
31-60 Days Delinquent |
2,419,871.51 | 213 | 1.20 | % | ||||||||
|
61-90 Days Delinquent |
395,147.19 | 34 | 0.20 | % | ||||||||
|
91-120 Days Delinquent |
59,202.85 | 9 | 0.03 | % | ||||||||
|
More than 120 Days |
0.00 | 0 | 0.00 | % | ||||||||
|
Total 31+ Days Delinquent Receivables: |
2,874,221.55 | 256 | 1.42 | % | ||||||||
|
61+ Days Delinquencies as Percentage of Receivables (EOP): |
||||||||||||
|
Delinquency Ratio for Third Preceding Collection Period |
0.24 | % | 0.22 | % | ||||||||
|
Delinquency Ratio for Second Preceding Collection Period |
0.18 | % | 0.16 | % | ||||||||
|
Delinquency Ratio for Preceding Collection Period |
0.19 | % | 0.15 | % | ||||||||
|
Delinquency Ratio for Current Collection Period |
0.22 | % | 0.19 | % | ||||||||
|
Four-Month Average Delinquency Ratio |
0.21 | % | 0.18 | % | ||||||||
|
60 Day Delinquent Receivables |
503,547.35 | |||||||||||
|
Delinquency Percentage |
0.25 | % | ||||||||||
|
Delinquency Trigger |
4.90 | % | ||||||||||
|
Does the Delinquency Percentage exceed the Delinquency Trigger? |
No | |||||||||||
|
Principal Balance of Extensions |
956,901.25 | |||||||||||
|
Number of Extensions |
85 | |||||||||||
|
VII. STATEMENTS TO NOTEHOLDERS |
||||||||||||
|
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 | |||||||||||
|
3. Has there been an issuance of notes or other securities backed by the Receivables? |
NO | |||||||||||
|
4. Has there been a material change in the underwriting, origination or acquisition of Receivables? |
NO | |||||||||||
Nissan Auto Receivables 2023-A Owner Trust published this content on June 26, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on June 26, 2026 at 15:29 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]