Nissan Auto Receivables 2023-B Owner Trust
06/26/2026 | Press release | Distributed by Public on 06/26/2026 09:26
Asset-Backed Issuer Distribution Report (Form 10-D)
Nissan Auto Receivables 2023-B 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 |
1,449,675,307.36 | 259,128,292.93 | 240,960,120.39 | 0.185057 | ||||||||||||||||
|
Yield Supplement Overcollaterization |
147,591,973.00 | 12,863,126.25 | 11,631,136.30 | |||||||||||||||||
|
Total Adjusted Pool Balance |
1,302,083,334.36 | 246,265,166.68 | 229,328,984.09 | |||||||||||||||||
|
Total Adjusted Securities |
1,302,083,334.36 | 246,265,166.68 | 229,328,984.09 | 0.176125 | ||||||||||||||||
|
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 |
4.20285 | % | 219,500,000.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
|
Class A-3 Notes |
5.93000 | % | 376,000,000.00 | 111,181,832.32 | 94,245,649.73 | 0.250653 | ||||||||||||||
|
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 |
16,936,182.59 | 549,423.55 | 45.0430388 | 1.4612328 | ||||||||||||||||
|
Class A-4 Notes |
0.00 | 412,233.33 | - | 4.9666666 | ||||||||||||||||
|
Certificates |
0.00 | 0.00 | - | - | ||||||||||||||||
|
Total Securities |
16,936,182.59 | 961,656.88 | ||||||||||||||||||
|
I. COLLECTIONS |
||||||||||||||||||||
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Interest: |
||||||||||||||||||||
|
Interest Collections |
1,003,491.00 | |||||||||||||||||||
|
Repurchased Loan Proceeds Related to Interest |
0.00 | |||||||||||||||||||
|
Total Interest Collections |
1,003,491.00 | |||||||||||||||||||
|
Principal: |
||||||||||||||||||||
|
Principal Collections |
17,862,768.89 | |||||||||||||||||||
|
Repurchased Loan Proceeds Related to Principal |
0.00 | |||||||||||||||||||
|
Total Principal Collections |
17,862,768.89 | |||||||||||||||||||
|
Recoveries of Defaulted Receivables |
282,065.72 | |||||||||||||||||||
|
Total Collections |
19,148,325.61 | |||||||||||||||||||
|
II. COLLATERAL POOL BALANCE DATA |
||||||||||||||||||||
| Number | Amount | |||||||||||||||||||
|
Adjusted Pool Balance-Beginning of Period |
27,546 | 246,265,166.68 | ||||||||||||||||||
|
Total Principal Payment |
16,936,182.59 | |||||||||||||||||||
| 25,855 | 229,328,984.09 | |||||||||||||||||||
Nissan Auto Receivables 2023-B Owner Trust
Servicer's Certificate
|
III. DISTRIBUTIONS |
||||
|
Total Collections |
19,148,325.61 | |||
|
Reserve Account Draw |
0.00 | |||
|
Total Available for Distribution |
19,148,325.61 | |||
|
1. Reimbursement of Advance |
0.00 | |||
|
2. Servicing Fee: |
||||
|
Servicing Fee Due |
215,940.24 | |||
|
Servicing Fee Paid |
215,940.24 | |||
|
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 |
549,423.55 | |||
|
Class A-3 Notes Monthly Interest Paid |
549,423.55 | |||
|
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 |
961,656.88 | |||||||
|
Total Note Monthly Interest Paid |
961,656.88 | |||||||
|
Total Note Interest Carryover Shortfall |
0.00 | |||||||
|
Change in Total Note Interest Carryover Shortfall |
0.00 | |||||||
|
Total Available for Principal Distribution |
17,970,728.49 | |||||||
|
4. Total Monthly Principal Paid on the Notes |
16,936,182.59 | |||||||
|
Total Noteholders' Principal Carryover Shortfall |
0.00 | |||||||
|
Total Noteholders' Principal Distributable Amount |
16,936,182.59 | |||||||
|
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 |
1,034,545.90 | |||||||
|
Deposit from Remaining Available Collections to fund Reserve Account |
0.00 | |||||||
|
Remaining Available Collections Released to Certificateholder |
1,034,545.90 | |||||||
|
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 |
4.90 | % | ||||||
|
Weighted Average Remaining Maturity |
25.75 | |||||||
| Amount | Number | |||||||
|
Principal on Defaulted Receivables |
305,403.65 | 20 | ||||||
|
Principal Recoveries of Defaulted Receivables |
282,065.72 | |||||||
|
Monthly Net Losses |
23,337.93 | |||||||
|
Pool Balance at Beginning of Collection Period |
259,128,292.93 | |||||||
|
Net Loss Ratio for Third Preceding Collection Period |
-0.31 | % | ||||||
|
Net Loss Ratio for Second Preceding Collection Period |
-0.44 | % | ||||||
|
Net Loss Ratio for Preceding Collection Period |
0.15 | % | ||||||
|
Net Loss Ratio for Current Collection Period |
0.11 | % | ||||||
|
Four-Month Average Net Loss Ratio |
-0.12 | % | ||||||
|
Cumulative Net Losses for all Periods |
4,660,880.13 | |||||||
Nissan Auto Receivables 2023-B Owner Trust
Servicer's Certificate
| Amount | Number |
% of Receivables (EOP Balance) |
||||||||||
|
Delinquent Receivables: |
||||||||||||
|
31-60 Days Delinquent |
2,914,527.05 | 224 | 1.21 | % | ||||||||
|
61-90 Days Delinquent |
408,488.38 | 31 | 0.17 | % | ||||||||
|
91-120 Days Delinquent |
53,780.18 | 9 | 0.02 | % | ||||||||
|
More than 120 Days |
0.00 | 0 | 0.00 | % | ||||||||
|
Total 31+ Days Delinquent Receivables: |
3,376,795.61 | 264 | 1.40 | % | ||||||||
|
61+ Days Delinquencies as Percentage of Receivables (EOP): |
||||||||||||
|
Delinquency Ratio for Third Preceding Collection Period |
0.18 | % | 0.12 | % | ||||||||
|
Delinquency Ratio for Second Preceding Collection Period |
0.15 | % | 0.11 | % | ||||||||
|
Delinquency Ratio for Preceding Collection Period |
0.18 | % | 0.13 | % | ||||||||
|
Delinquency Ratio for Current Collection Period |
0.19 | % | 0.15 | % | ||||||||
|
Four-Month Average Delinquency Ratio |
0.18 | % | 0.13 | % | ||||||||
|
60 Day Delinquent Receivables |
473,414.53 | |||||||||||
|
Delinquency Percentage |
0.20 | % | ||||||||||
|
Delinquency Trigger |
4.90 | % | ||||||||||
|
Does the Delinquency Percentage exceed the Delinquency Trigger? |
No | |||||||||||
|
Principal Balance of Extensions |
959,801.73 | |||||||||||
|
Number of Extensions |
64 | |||||||||||
|
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-B 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 15:26 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]