10/27/2026 | Press release | Distributed by Public on 10/27/2026 10:29
Nissan Auto Receivables 2023-B Owner Trust
Servicer's Certificate
|
Collection Period |
30-Sep-26 | 30/360 Days | 30 | Collection Period Start | 1-Sep-26 | |||||||||||
|
Distribution Date |
15-Oct-26 | Actual/360 Days | 30 | Collection Period End | 30-Sep-26 | |||||||||||
| Prior Month Settlement Date | 15-Sep-26 | |||||||||||||||
| Current Month Settlement Date | 15-Oct-26 |
| Coupon Rate | Initial Balance | Beginning Balance | Ending Balance | Pool Factor | ||||||||||||||||
|
Pool Balance |
1,449,675,307.36 | 190,649,234.83 | 176,248,346.80 | 0.135359 | ||||||||||||||||
|
Yield Supplement Overcollaterization |
147,591,973.00 | 8,354,560.96 | 7,477,170.81 | |||||||||||||||||
|
Total Adjusted Pool Balance |
1,302,083,334.36 | 182,294,673.87 | 168,771,175.99 | |||||||||||||||||
|
Total Adjusted Securities |
1,302,083,334.36 | 182,294,673.87 | 168,771,175.99 | 0.129616 | ||||||||||||||||
|
Class A-1 Notes |
5.70900 | % | 352,000,000.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
|
Class A-2a Notes |
5.95000 | % | 219,500,000.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
|
Class A-2b Notes |
4.20850 | % | 219,500,000.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
|
Class A-3 Notes |
5.93000 | % | 376,000,000.00 | 47,211,339.51 | 33,687,841.63 | 0.089595 | ||||||||||||||
|
Class A-4 Notes |
5.96000 | % | 83,000,000.00 | 83,000,000.00 | 83,000,000.00 | 1.000000 | ||||||||||||||
|
Certificates |
0.00000 | % | 52,083,334.36 | 52,083,334.36 | 52,083,334.36 | 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 |
13,523,497.88 | 233,302.70 | 35.9667497 | 0.6204859 | ||||||||||||||||
|
Class A-4 Notes |
0.00 | 412,233.33 | - | 4.9666666 | ||||||||||||||||
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Certificates |
0.00 | 0.00 | - | - | ||||||||||||||||
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Total Securities |
13,523,497.88 | 645,536.03 | ||||||||||||||||||
|
I. COLLECTIONS |
||||||||||||||||||||
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Interest: |
||||||||||||||||||||
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Interest Collections |
805,957.17 | |||||||||||||||||||
|
Repurchased Loan Proceeds Related to Interest |
0.00 | |||||||||||||||||||
|
Total Interest Collections |
805,957.17 | |||||||||||||||||||
|
Principal: |
||||||||||||||||||||
|
Principal Collections |
14,272,563.28 | |||||||||||||||||||
|
Repurchased Loan Proceeds Related to Principal |
0.00 | |||||||||||||||||||
|
Total Principal Collections |
14,272,563.28 | |||||||||||||||||||
|
Recoveries of Defaulted Receivables |
156,017.38 | |||||||||||||||||||
|
Total Collections |
15,234,537.83 | |||||||||||||||||||
|
II. COLLATERAL POOL BALANCE DATA |
||||||||||||||||||||
| Number | Amount | |||||||||||||||||||
|
Adjusted Pool Balance - Beginning of Period |
21,962 | 182,294,673.87 | ||||||||||||||||||
|
Total Principal Payment |
13,523,497.88 | |||||||||||||||||||
| 20,875 | 168,771,175.99 | |||||||||||||||||||
Nissan Auto Receivables 2023-B Owner Trust
Servicer's Certificate
|
III. DISTRIBUTIONS |
||||
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Total Collections |
15,234,537.83 | |||
|
Reserve Account Draw |
0.00 | |||
|
Total Available for Distribution |
15,234,537.83 | |||
|
1. Reimbursement of Advance |
0.00 | |||
|
2. Servicing Fee: |
||||
|
Servicing Fee Due |
158,874.36 | |||
|
Servicing Fee Paid |
158,874.36 | |||
|
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 |
233,302.70 | |||
|
Class A-3 Notes Monthly Interest Paid |
233,302.70 | |||
|
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 |
412,233.33 | |||
|
Class A-4 Notes Monthly Interest Paid |
412,233.33 | |||
|
Change in Class A-4 Notes Interest Carryover Shortfall |
0.00 | |||
Nissan Auto Receivables 2023-B Owner Trust
Servicer's Certificate
|
Total Note Monthly Interest |
||||||||
|
Total Note Monthly Interest Due |
645,536.03 | |||||||
|
Total Note Monthly Interest Paid |
645,536.03 | |||||||
|
Total Note Interest Carryover Shortfall |
0.00 | |||||||
|
Change in Total Note Interest Carryover Shortfall |
0.00 | |||||||
|
Total Available for Principal Distribution |
14,430,127.44 | |||||||
|
4. Total Monthly Principal Paid on the Notes |
13,523,497.88 | |||||||
|
Total Noteholders' Principal Carryover Shortfall |
0.00 | |||||||
|
Total Noteholders' Principal Distributable Amount |
13,523,497.88 | |||||||
|
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 |
906,629.56 | |||||||
|
Deposit from Remaining Available Collections to fund Reserve Account |
0.00 | |||||||
|
Remaining Available Collections Released to Certificateholder |
906,629.56 | |||||||
|
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 |
5.11 | % | ||||||
|
Weighted Average Remaining Maturity |
23.22 | |||||||
| Amount | Number | |||||||
|
Principal on Defaulted Receivables |
128,324.75 | 15 | ||||||
|
Principal Recoveries of Defaulted Receivables |
156,017.38 | |||||||
|
Monthly Net Losses |
(27,692.63 | ) | ||||||
|
Pool Balance at Beginning of Collection Period |
190,649,234.83 | |||||||
|
Net Loss Ratio for Third Preceding Collection Period |
-0.86 | % | ||||||
|
Net Loss Ratio for Second Preceding Collection Period |
-0.45 | % | ||||||
|
Net Loss Ratio for Preceding Collection Period |
-0.06 | % | ||||||
|
Net Loss Ratio for Current Collection Period |
-0.17 | % | ||||||
|
Four-Month Average Net Loss Ratio |
-0.39 | % | ||||||
|
Cumulative Net Losses for all Periods |
4,366,067.95 | |||||||
Nissan Auto Receivables 2023-B Owner Trust
Servicer's Certificate
| Amount | Number |
% of Receivables (EOP Balance) |
||||||||||
|
Delinquent Receivables: |
||||||||||||
|
31-60 Days Delinquent |
1,747,915.70 | 139 | 0.99 | % | ||||||||
|
61-90 Days Delinquent |
208,222.83 | 19 | 0.12 | % | ||||||||
|
91-120 Days Delinquent |
106,935.94 | 10 | 0.06 | % | ||||||||
|
More than 120 Days |
0.00 | 0 | 0.00 | % | ||||||||
|
Total 31+ Days Delinquent Receivables: |
2,063,074.47 | 168 | 1.17 | % | ||||||||
|
61+ Days Delinquencies as Percentage of Receivables (EOP): |
||||||||||||
|
Delinquency Ratio for Third Preceding Collection Period |
0.23 | % | 0.19 | % | ||||||||
|
Delinquency Ratio for Second Preceding Collection Period |
0.15 | % | 0.16 | % | ||||||||
|
Delinquency Ratio for Preceding Collection Period |
0.24 | % | 0.18 | % | ||||||||
|
Delinquency Ratio for Current Collection Period |
0.18 | % | 0.14 | % | ||||||||
|
Four-Month Average Delinquency Ratio |
0.20 | % | 0.17 | % | ||||||||
|
60 Day Delinquent Receivables |
315,158.77 | |||||||||||
|
Delinquency Percentage |
0.18 | % | ||||||||||
|
Delinquency Trigger |
4.90 | % | ||||||||||
|
Does the Delinquency Percentage exceed the Delinquency Trigger? |
No | |||||||||||
|
Principal Balance of Extensions |
751,696.77 | |||||||||||
|
Number of Extensions |
60 | |||||||||||
|
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 | |||||||||||
|
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 | |||||||||||