04/24/2026 | Press release | Distributed by Public on 04/24/2026 12:05
Nissan Auto Receivables 2023-B 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 |
1,449,675,307.36 | 304,323,976.90 | 279,609,305.66 | 0.214740 | ||||||||||||||||
|
Yield Supplement Overcollaterization |
147,591,973.00 | 15,933,653.91 | 14,248,915.72 | |||||||||||||||||
|
Total Adjusted Pool Balance |
1,302,083,334.36 | 288,390,322.99 | 265,360,389.94 | |||||||||||||||||
|
Total Adjusted Securities |
1,302,083,334.36 | 288,390,322.99 | 265,360,389.94 | 0.203797 | ||||||||||||||||
|
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 |
4.23223 | % | 219,500,000.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
|
Class A-3 Notes |
5.93000 | % | 376,000,000.00 | 153,306,988.63 | 130,277,055.58 | 0.346482 | ||||||||||||||
|
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 |
|||||||||||||||||
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Class A-1 Notes |
0.00 | 0.00 | - | - | ||||||||||||||||
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Class A-2a Notes |
0.00 | 0.00 | - | - | ||||||||||||||||
|
Class A-2b Notes |
0.00 | 0.00 | - | - | ||||||||||||||||
|
Class A-3 Notes |
23,029,933.05 | 757,592.04 | 61.2498219 | 2.0148724 | ||||||||||||||||
|
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 |
23,029,933.05 | 1,169,825.37 | ||||||||||||||||||
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I. COLLECTIONS |
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Interest: |
||||||||||||||||||||
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Interest Collections |
1,189,263.18 | |||||||||||||||||||
|
Repurchased Loan Proceeds Related to Interest |
0.00 | |||||||||||||||||||
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Total Interest Collections |
1,189,263.18 | |||||||||||||||||||
|
Principal: |
||||||||||||||||||||
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Principal Collections |
24,515,543.69 | |||||||||||||||||||
|
Repurchased Loan Proceeds Related to Principal |
0.00 | |||||||||||||||||||
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Total Principal Collections |
24,515,543.69 | |||||||||||||||||||
|
Recoveries of Defaulted Receivables |
311,282.16 | |||||||||||||||||||
|
Total Collections |
26,016,089.03 | |||||||||||||||||||
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II. COLLATERAL POOL BALANCE DATA |
||||||||||||||||||||
| Number | Amount | |||||||||||||||||||
|
Adjusted Pool Balance - Beginning of Period |
32,429 | 288,390,322.99 | ||||||||||||||||||
|
Total Principal Payment |
23,029,933.05 | |||||||||||||||||||
| 29,968 | 265,360,389.94 | |||||||||||||||||||
Nissan Auto Receivables 2023-B Owner Trust
Servicer's Certificate
|
III. DISTRIBUTIONS |
||||
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Total Collections |
26,016,089.03 | |||
|
Reserve Account Draw |
0.00 | |||
|
Total Available for Distribution |
26,016,089.03 | |||
|
1. Reimbursement of Advance |
0.00 | |||
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2. Servicing Fee: |
||||
|
Servicing Fee Due |
253,603.31 | |||
|
Servicing Fee Paid |
253,603.31 | |||
|
Servicing Fee Shortfall |
0.00 | |||
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3. Interest: |
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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 |
757,592.04 | |||
|
Class A-3 Notes Monthly Interest Paid |
757,592.04 | |||
|
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 |
||||||||
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Total Note Monthly Interest Due |
1,169,825.37 | |||||||
|
Total Note Monthly Interest Paid |
1,169,825.37 | |||||||
|
Total Note Interest Carryover Shortfall |
0.00 | |||||||
|
Change in Total Note Interest Carryover Shortfall |
0.00 | |||||||
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Total Available for Principal Distribution |
24,592,660.35 | |||||||
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4. Total Monthly Principal Paid on the Notes |
23,029,933.05 | |||||||
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Total Noteholders' Principal Carryover Shortfall |
0.00 | |||||||
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Total Noteholders' Principal Distributable Amount |
23,029,933.05 | |||||||
|
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 | |||||||
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Total Certificateholders' Principal Distributable Amount |
0.00 | |||||||
|
Change in Total Certificateholders' Principal Carryover Shortfall |
0.00 | |||||||
|
Remaining Available Collections |
1,562,727.30 | |||||||
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Deposit from Remaining Available Collections to fund Reserve Account |
0.00 | |||||||
|
Remaining Available Collections Released to Certificateholder |
1,562,727.30 | |||||||
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V. RESERVE ACCOUNT |
||||||||
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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 |
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Weighted Average Coupon |
4.78 | % | ||||||
|
Weighted Average Remaining Maturity |
26.89 | |||||||
| Amount | Number | |||||||
|
Principal on Defaulted Receivables |
199,127.55 | 17 | ||||||
|
Principal Recoveries of Defaulted Receivables |
311,282.16 | |||||||
|
Monthly Net Losses |
(112,154.61 | ) | ||||||
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Pool Balance at Beginning of Collection Period |
304,323,976.90 | |||||||
|
Net Loss Ratio for Third Preceding Collection Period |
0.04 | % | ||||||
|
Net Loss Ratio for Second Preceding Collection Period |
-0.15 | % | ||||||
|
Net Loss Ratio for Preceding Collection Period |
-0.31 | % | ||||||
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Net Loss Ratio for Current Collection Period |
-0.44 | % | ||||||
|
Four-Month Average Net Loss Ratio |
-0.22 | % | ||||||
|
Cumulative Net Losses for all Periods |
4,601,511.73 | |||||||
Nissan Auto Receivables 2023-B Owner Trust
Servicer's Certificate
| Amount | Number |
% of Receivables (EOP Balance) |
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|
Delinquent Receivables: |
||||||||||||
|
31-60 Days Delinquent |
2,378,493.61 | 187 | 0.85 | % | ||||||||
|
61-90 Days Delinquent |
328,575.17 | 25 | 0.12 | % | ||||||||
|
91-120 Days Delinquent |
93,122.07 | 8 | 0.03 | % | ||||||||
|
More than 120 Days |
0.00 | 0 | 0.00 | % | ||||||||
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Total 31+ Days Delinquent Receivables: |
2,800,190.85 | 220 | 1.00 | % | ||||||||
|
61+ Days Delinquencies as Percentage of Receivables (EOP): |
||||||||||||
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Delinquency Ratio for Third Preceding Collection Period |
0.16 | % | 0.14 | % | ||||||||
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Delinquency Ratio for Second Preceding Collection Period |
0.14 | % | 0.12 | % | ||||||||
|
Delinquency Ratio for Preceding Collection Period |
0.18 | % | 0.12 | % | ||||||||
|
Delinquency Ratio for Current Collection Period |
0.15 | % | 0.11 | % | ||||||||
|
Four-Month Average Delinquency Ratio |
0.16 | % | 0.12 | % | ||||||||
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60 Day Delinquent Receivables |
485,758.18 | |||||||||||
|
Delinquency Percentage |
0.17 | % | ||||||||||
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Delinquency Trigger |
4.90 | % | ||||||||||
|
Does the Delinquency Percentage exceed the Delinquency Trigger? |
No | |||||||||||
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Principal Balance of Extensions |
1,114,012.30 | |||||||||||
|
Number of Extensions |
70 | |||||||||||
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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 | |||||||||||
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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 | |||||||||||
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4. Has there been a material change in the underwriting, origination or acquisition of Receivables? |
NO | |||||||||||