09/25/2026 | Press release | Distributed by Public on 09/25/2026 10:44
Nissan Auto Receivables 2023-B Owner Trust
Servicer's Certificate
|
Collection Period |
31-Aug-26 | 30/360 Days | 30 | Collection Period Start | 1-Aug-26 | |||||||||||
|
Distribution Date |
15-Sep-26 | Actual/360 Days | 29 | Collection Period End | 31-Aug-26 | |||||||||||
| Prior Month Settlement Date | 17-Aug-26 | |||||||||||||||
| Current Month Settlement Date | 15-Sep-26 |
| Coupon Rate | Initial Balance | Beginning Balance | Ending Balance | Pool Factor | ||||||||||||||||
|
Pool Balance |
1,449,675,307.36 | 205,921,371.27 | 190,649,234.83 | 0.146419 | ||||||||||||||||
|
Yield Supplement Overcollaterization |
147,591,973.00 | 9,321,236.24 | 8,354,560.96 | |||||||||||||||||
|
Total Adjusted Pool Balance |
1,302,083,334.36 | 196,600,135.03 | 182,294,673.87 | |||||||||||||||||
|
Total Adjusted Securities |
1,302,083,334.36 | 196,600,135.03 | 182,294,673.87 | 0.140002 | ||||||||||||||||
|
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 |
4.19650 | % | 219,500,000.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
|
Class A-3 Notes |
5.93000 | % | 376,000,000.00 | 61,516,800.67 | 47,211,339.51 | 0.125562 | ||||||||||||||
|
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 |
14,305,461.16 | 303,995.52 | 38.0464393 | 0.8084987 | ||||||||||||||||
|
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 |
14,305,461.16 | 716,228.85 | ||||||||||||||||||
|
I. COLLECTIONS |
||||||||||||||||||||
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Interest: |
||||||||||||||||||||
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Interest Collections |
862,781.39 | |||||||||||||||||||
|
Repurchased Loan Proceeds Related to Interest |
0.00 | |||||||||||||||||||
|
Total Interest Collections |
862,781.39 | |||||||||||||||||||
|
Principal: |
||||||||||||||||||||
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Principal Collections |
15,094,259.17 | |||||||||||||||||||
|
Repurchased Loan Proceeds Related to Principal |
0.00 | |||||||||||||||||||
|
Total Principal Collections |
15,094,259.17 | |||||||||||||||||||
|
Recoveries of Defaulted Receivables |
187,771.70 | |||||||||||||||||||
|
Total Collections |
16,144,812.26 | |||||||||||||||||||
|
II. COLLATERAL POOL BALANCE DATA |
||||||||||||||||||||
| Number | Amount | |||||||||||||||||||
|
Adjusted Pool Balance - Beginning of Period |
22,967 | 196,600,135.03 | ||||||||||||||||||
|
Total Principal Payment |
14,305,461.16 | |||||||||||||||||||
| 21,962 | 182,294,673.87 | |||||||||||||||||||
Nissan Auto Receivables 2023-B Owner Trust
Servicer's Certificate
|
III. DISTRIBUTIONS |
||||
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Total Collections |
16,144,812.26 | |||
|
Reserve Account Draw |
0.00 | |||
|
Total Available for Distribution |
16,144,812.26 | |||
|
1. Reimbursement of Advance |
0.00 | |||
|
2. Servicing Fee: |
||||
|
Servicing Fee Due |
171,601.14 | |||
|
Servicing Fee Paid |
171,601.14 | |||
|
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 |
303,995.52 | |||
|
Class A-3 Notes Monthly Interest Paid |
303,995.52 | |||
|
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 |
716,228.85 | |||||||
|
Total Note Monthly Interest Paid |
716,228.85 | |||||||
|
Total Note Interest Carryover Shortfall |
0.00 | |||||||
|
Change in Total Note Interest Carryover Shortfall |
0.00 | |||||||
|
Total Available for Principal Distribution |
15,256,982.27 | |||||||
|
4. Total Monthly Principal Paid on the Notes |
14,305,461.16 | |||||||
|
Total Noteholders' Principal Carryover Shortfall |
0.00 | |||||||
|
Total Noteholders' Principal Distributable Amount |
14,305,461.16 | |||||||
|
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 |
951,521.11 | |||||||
|
Deposit from Remaining Available Collections to fund Reserve Account |
0.00 | |||||||
|
Remaining Available Collections Released to Certificateholder |
951,521.11 | |||||||
|
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 |
5.06 | % | ||||||
|
Weighted Average Remaining Maturity |
23.83 | |||||||
| Amount | Number | |||||||
|
Principal on Defaulted Receivables |
177,877.27 | 18 | ||||||
|
Principal Recoveries of Defaulted Receivables |
187,771.70 | |||||||
|
Monthly Net Losses |
(9,894.43 | ) | ||||||
|
Pool Balance at Beginning of Collection Period |
205,921,371.27 | |||||||
|
Net Loss Ratio for Third Preceding Collection Period |
0.11 | % | ||||||
|
Net Loss Ratio for Second Preceding Collection Period |
-0.86 | % | ||||||
|
Net Loss Ratio for Preceding Collection Period |
-0.45 | % | ||||||
|
Net Loss Ratio for Current Collection Period |
-0.06 | % | ||||||
|
Four-Month Average Net Loss Ratio |
-0.32 | % | ||||||
|
Cumulative Net Losses for all Periods |
4,393,760.58 | |||||||
Nissan Auto Receivables 2023-B Owner Trust
Servicer's Certificate
| Amount | Number |
% of Receivables (EOP Balance) |
||||||||||
|
Delinquent Receivables: |
||||||||||||
|
31-60 Days Delinquent |
1,894,843.93 | 158 | 0.99 | % | ||||||||
|
61-90 Days Delinquent |
408,834.15 | 33 | 0.21 | % | ||||||||
|
91-120 Days Delinquent |
44,394.71 | 7 | 0.02 | % | ||||||||
|
More than 120 Days |
0.00 | 0 | 0.00 | % | ||||||||
|
Total 31+ Days Delinquent Receivables: |
2,348,072.79 | 198 | 1.23 | % | ||||||||
|
61+ Days Delinquencies as Percentage of Receivables (EOP): |
||||||||||||
|
Delinquency Ratio for Third Preceding Collection Period |
0.19 | % | 0.15 | % | ||||||||
|
Delinquency Ratio for Second Preceding Collection Period |
0.23 | % | 0.19 | % | ||||||||
|
Delinquency Ratio for Preceding Collection Period |
0.15 | % | 0.16 | % | ||||||||
|
Delinquency Ratio for Current Collection Period |
0.24 | % | 0.18 | % | ||||||||
|
Four-Month Average Delinquency Ratio |
0.20 | % | 0.17 | % | ||||||||
|
60 Day Delinquent Receivables |
454,482.54 | |||||||||||
|
Delinquency Percentage |
0.24 | % | ||||||||||
|
Delinquency Trigger |
4.90 | % | ||||||||||
|
Does the Delinquency Percentage exceed the Delinquency Trigger? |
No | |||||||||||
|
Principal Balance of Extensions |
944,177.35 | |||||||||||
|
Number of Extensions |
76 | |||||||||||
|
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 | |||||||||||