04/24/2026 | Press release | Distributed by Public on 04/24/2026 12:02
Nissan Auto Receivables 2023-A Owner Trust
Servicer's Certificate
|
Collection Period |
31-Mar-26 | 30/360 Days | 30 | Collection Period Start | 1-Mar-26 | |||||||||||
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Distribution Date |
15-Apr-26 | Actual/360 Days | 30 | Collection Period End | 31-Mar-26 | |||||||||||
| Prior Month Settlement Date | 16-Mar-26 | |||||||||||||||
| Current Month Settlement Date | 15-Apr-26 |
| Coupon Rate | Initial Balance | Beginning Balance | Ending Balance | Pool Factor | ||||||||||||||||
|
Pool Balance |
1,460,472,153.77 | 254,279,534.89 | 234,956,096.46 | 0.180446 | ||||||||||||||||
|
Yield Supplement Overcollaterization |
158,388,819.56 | 12,518,803.48 | 11,168,666.18 | |||||||||||||||||
|
Total Adjusted Pool Balance |
1,302,083,334.21 | 241,760,731.41 | 223,787,430.28 | |||||||||||||||||
|
Total Adjusted Securities |
1,302,083,334.21 | 241,760,731.41 | 223,787,430.28 | 0.171869 | ||||||||||||||||
|
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 |
4.32223 | % | 225,000,000.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
|
Class A-3 Notes |
4.91000 | % | 402,500,000.00 | 94,677,397.20 | 76,704,096.07 | 0.190569 | ||||||||||||||
|
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 |
17,973,301.13 | 387,388.35 | 44.6541643 | 0.9624555 | ||||||||||||||||
|
Class A-4 Notes |
0.00 | 383,958.33 | - | 4.0416666 | ||||||||||||||||
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Certificates |
0.00 | 0.00 | - | - | ||||||||||||||||
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Total Securities |
17,973,301.13 | 771,346.68 | ||||||||||||||||||
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I. COLLECTIONS |
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Interest: |
||||||||||||||||||||
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Interest Collections |
828,041.08 | |||||||||||||||||||
|
Repurchased Loan Proceeds Related to Interest |
0.00 | |||||||||||||||||||
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Total Interest Collections |
828,041.08 | |||||||||||||||||||
|
Principal: |
||||||||||||||||||||
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Principal Collections |
19,091,607.85 | |||||||||||||||||||
|
Repurchased Loan Proceeds Related to Principal |
0.00 | |||||||||||||||||||
|
Total Principal Collections |
19,091,607.85 | |||||||||||||||||||
|
Recoveries of Defaulted Receivables |
284,728.16 | |||||||||||||||||||
|
Total Collections |
20,204,377.09 | |||||||||||||||||||
|
II. COLLATERAL POOL BALANCE DATA |
||||||||||||||||||||
| Number | Amount | |||||||||||||||||||
|
Adjusted Pool Balance - Beginning of Period |
27,175 | 241,760,731.41 | ||||||||||||||||||
|
Total Principal Payment |
17,973,301.13 | |||||||||||||||||||
| 25,812 | 223,787,430.28 | |||||||||||||||||||
Nissan Auto Receivables 2023-A Owner Trust
Servicer's Certificate
|
III. DISTRIBUTIONS |
||||
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Total Collections |
20,204,377.09 | |||
|
Reserve Account Draw |
0.00 | |||
|
Total Available for Distribution |
20,204,377.09 | |||
|
1. Reimbursement of Advance |
0.00 | |||
|
2. Servicing Fee: |
||||
|
Servicing Fee Due |
211,899.61 | |||
|
Servicing Fee Paid |
211,899.61 | |||
|
Servicing Fee Shortfall |
0.00 | |||
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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 |
387,388.35 | |||
|
Class A-3 Notes Monthly Interest Paid |
387,388.35 | |||
|
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 |
771,346.68 | |||||||
|
Total Note Monthly Interest Paid |
771,346.68 | |||||||
|
Total Note Interest Carryover Shortfall |
0.00 | |||||||
|
Change in Total Note Interest Carryover Shortfall |
0.00 | |||||||
|
Total Available for Principal Distribution |
19,221,130.80 | |||||||
|
4. Total Monthly Principal Paid on the Notes |
17,973,301.13 | |||||||
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Total Noteholders' Principal Carryover Shortfall |
0.00 | |||||||
|
Total Noteholders' Principal Distributable Amount |
17,973,301.13 | |||||||
|
Change in Total Noteholders' Principal Carryover Shortfall |
0.00 | |||||||
|
5. Total Monthly Principal Paid on the Certificates |
0.00 | |||||||
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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 |
1,247,829.67 | |||||||
|
Deposit from Remaining Available Collections to fund Reserve Account |
0.00 | |||||||
|
Remaining Available Collections Released to Certificateholder |
1,247,829.67 | |||||||
|
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 | |||||||
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VI. POOL STATISTICS |
||||||||
|
Weighted Average Coupon |
3.99 | % | ||||||
|
Weighted Average Remaining Maturity |
24.82 | |||||||
| Amount | Number | |||||||
|
Principal on Defaulted Receivables |
231,830.58 | 21 | ||||||
|
Principal Recoveries of Defaulted Receivables |
284,728.16 | |||||||
|
Monthly Net Losses |
(52,897.58 | ) | ||||||
|
Pool Balance at Beginning of Collection Period |
254,279,534.89 | |||||||
|
Net Loss Ratio for Third Preceding Collection Period |
0.41 | % | ||||||
|
Net Loss Ratio for Second Preceding Collection Period |
-0.28 | % | ||||||
|
Net Loss Ratio for Preceding Collection Period |
0.16 | % | ||||||
|
Net Loss Ratio for Current Collection Period |
-0.25 | % | ||||||
|
Four-Month Average Net Loss Ratio |
0.01 | % | ||||||
|
Cumulative Net Losses for all Periods |
5,012,106.22 | |||||||
Nissan Auto Receivables 2023-A Owner Trust
Servicer's Certificate
| Amount | Number |
% of Receivables (EOP Balance) |
||||||||||
|
Delinquent Receivables: |
||||||||||||
|
31-60 Days Delinquent |
2,278,164.00 | 203 | 0.97 | % | ||||||||
|
61-90 Days Delinquent |
283,080.85 | 26 | 0.12 | % | ||||||||
|
91-120 Days Delinquent |
131,179.66 | 16 | 0.06 | % | ||||||||
|
More than 120 Days |
0.00 | 0 | 0.00 | % | ||||||||
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Total 31+ Days Delinquent Receivables: |
2,692,424.51 | 245 | 1.15 | % | ||||||||
|
61+ Days Delinquencies as Percentage of Receivables (EOP): |
||||||||||||
|
Delinquency Ratio for Third Preceding Collection Period |
0.22 | % | 0.19 | % | ||||||||
|
Delinquency Ratio for Second Preceding Collection Period |
0.31 | % | 0.23 | % | ||||||||
|
Delinquency Ratio for Preceding Collection Period |
0.24 | % | 0.22 | % | ||||||||
|
Delinquency Ratio for Current Collection Period |
0.18 | % | 0.16 | % | ||||||||
|
Four-Month Average Delinquency Ratio |
0.24 | % | 0.20 | % | ||||||||
|
60 Day Delinquent Receivables |
414,260.51 | |||||||||||
|
Delinquency Percentage |
0.18 | % | ||||||||||
|
Delinquency Trigger |
4.90 | % | ||||||||||
|
Does the Delinquency Percentage exceed the Delinquency Trigger? |
No | |||||||||||
|
Principal Balance of Extensions |
881,572.27 | |||||||||||
|
Number of Extensions |
69 | |||||||||||
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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 | |||||||||||
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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 | |||||||||||