02/19/2026 | Press release | Distributed by Public on 02/19/2026 05:03
Filed Pursuant to Rule 433
Registration No. 333-282606 and 333-282606-04
Nissan Auto Lease Trust 2026-A (NALT 2026-A
Joint Bookrunners: BofA (struc), Citi, Lloyds and US Bancorp
Co-Managers : BNP, Mizuho, MUFG and Wells Fargo
Anticipated Capital Structure:
| CLS | SIZE(mm) | WAL | M/F | EXP | LGL | BENCH | YIELD | PRICE | CPN | |||||||||
|
A-1 |
111.000 | 0.24 | P-1/F1+ | 8/26 | 3/15/27 | I-CRV + 14 | 3.832 | 100.00000 | 3.832 | |||||||||
|
A-2A |
239.940 | 1.22 | Aaa/AAA | 11/27 | 5/15/28 | I-CRV + 45 | 3.932 | 99.99992 | 3.90 | |||||||||
|
A-2B |
240.000 | 1.22 | Aaa/AAA | 11/27 | 5/15/28 | SOFR30A + 45 | 100.00000 | |||||||||||
|
A-3 |
479.940 | 2.02 | Aaa/AAA | 7/28 | 3/15/29 | I-CRV + 44 | 3.907 | 99.98933 | 3.87 | |||||||||
|
A-4 |
78.860 | 2.42 | Aaa/AAA | 8/28 | 2/15/30 | I-CRV + 50 | 3.981 | 99.98082 | 3.94 | |||||||||
|
B |
47.640 | 2.50 | Aa1/AA | 9/28 | 2/15/30 | I-CRV + 70 | 4.184 | 99.98122 | 4.14 | |||||||||
|
C |
52.620 | 2.59 | Aa3/A | 10/28 | 6/17/30 | I-CRV + 85 | 4.337 | 99.97980 | 4.29 | |||||||||
| Bill & Deliver : BofA | Offered Size : $1,250.0mm | |
| Expected Ratings: Moody's, Fitch | BBG Ticker : NALT 2026-A | |
| ERISA Eligible : Yes | Format : SEC Registered | |
| Expected Settle : 02/26/26 | First Pay : 03/16/26 | |
| CUSIPs A-1 : 65481HAA1 | RR Compliance: US - Yes, EU - No | |
| A-2A : 65481HAB9 | Min Denoms : $1k x $1k | |
| A-2B : 65481HAC7 | Pricing Speed: 75% PPC to Maturity |
A-3 : 65481HAD5
A-4 : 65481HAE3
B : 65481HAF0
C : 65481HAG8
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-294-1322 or you may e-mail a request to [email protected]. The securities may not be suitable for all investors. BofA Securities, Inc. and its affiliates may acquire, hold or sell positions in these securities, or in related derivatives, and may have an investment or commercial banking relationship with the issuer.