0001193125-26-176582.txt : 20260424 0001193125-26-176582.hdr.sgml : 20260424 20260424134924 ACCESSION NUMBER: 0001193125-26-176582 CONFORMED SUBMISSION TYPE: 10-D PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20260331 0001129068 0001540639 FILED AS OF DATE: 20260424 DATE AS OF CHANGE: 20260424 ABS ASSET CLASS: Auto loans FILER: COMPANY DATA: COMPANY CONFORMED NAME: Nissan Auto Receivables 2022-A Owner Trust CENTRAL INDEX KEY: 0001905655 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] ORGANIZATION NAME: Office of Structured Finance EIN: 387280036 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 10-D SEC ACT: 1934 Act SEC FILE NUMBER: 333-255899-02 FILM NUMBER: 26892264 BUSINESS ADDRESS: STREET 1: ONE NISSAN WAY, ROOM 5-124 CITY: FRANKLIN STATE: TN ZIP: 37067 BUSINESS PHONE: 6157251121 MAIL ADDRESS: STREET 1: ONE NISSAN WAY, ROOM 5-124 CITY: FRANKLIN STATE: TN ZIP: 37067 10-D 1 d121271d10d.htm 10-D 10-D
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 10-D

 

 

ASSET-BACKED ISSUER

DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

For the monthly distribution period from

March 1, 2026 to March 31, 2026

Commission File Number of issuing entity: 333-255899-02

Central Index Key Number of issuing entity: 0001905655

 

 

Nissan Auto Receivables 2022-A Owner Trust

(Exact name of issuing entity as specified in its charter)

Commission File Number of depositor: 333-255899

Central Index Key Number of depositor: 0001129068

Nissan Auto Receivables Company II LLC

(Exact name of depositor as specified in its charter)

Central Index Key Number of sponsor (if applicable): 0001540639

Nissan Motor Acceptance Company LLC

(Exact name of sponsor as specified in its charter)

 

 

Delaware

(State or other jurisdiction of incorporation or organization of the issuing entity)

Angela Vogeli, (629) 273-2551

(Name and telephone number, including area code, of the person to contact in connection with this filing)

38-7280036

(I.R.S. Employer Identification No.)

 

c/o Wilmington Trust, National Association,

Rodney Square North,

1100 North Market Street, Wilmington, Delaware

  19890
(Address of principal executive offices of the issuing entity)   (Zip Code)

(302) 636-6194

(Telephone number, including area code)

N/A

(Former name, former address, if changed since last report)

 

 

 

     Registered/reporting pursuant to
(check one)
      

Title of class

   Section 12(b)    Section 12(g)    Section 15(d)    Name of
exchange
(If Section 12(b))
 

Asset-Backed Notes, Class A-1

                    

Asset-Backed Notes, Class A-2

                    

Asset-Backed Notes, Class A-3

                    

Asset-Backed Notes, Class A-4

                    

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

 

 
 


PART I – DISTRIBUTION INFORMATION

 

Item 1.

Distribution and Pool Performance Information.

Distribution and pool performance information with respect to the assets of Nissan Auto Receivables 2022-A Owner Trust (the “Issuing Entity”), including the information required by Items 1121(a)-(b) of Regulation AB, is set forth in the attached Monthly Servicer’s Certificate.

No assets securitized by Nissan Motor Acceptance Company LLC (the “Securitizer”) and held by the Issuing Entity were the subject of a demand to repurchase or replace for breach of the representations and warranties during the distribution period from March 1, 2026 to March 31, 2026. Please refer to the Form ABS-15G filed by the Securitizer on February 2, 2026 for additional information. The CIK number of the Securitizer is 0001540639.

 

Item 1A.

Asset-Level Information.

Pursuant to Items 1111(h) and 1125, Schedule AL, of Regulation AB, the asset-level data for the asset pool of the Issuing Entity included in Exhibit 102 to the Form ABS-EE filed by the Issuing Entity with the U.S. Securities and Exchange Commission on April 22, 2026 (the “Form ABS-EE”) is incorporated into this Form 10-D by reference. The additional asset-level information or explanatory language for the asset pool of the Issuing Entity included in Exhibit 103 to the Form ABS-EE is also incorporated into this Form 10-D by reference.

 

Item 1B.

Asset Representations Reviewer and Investor Communication.

Nothing to report.

PART II – OTHER INFORMATION

 

Item 2.

Legal Proceedings.

None.

 

Item 3.

Sales of Securities and Use of Proceeds.

None.

 

Item 4.

Defaults Upon Senior Securities.

None.

 

Item 5.

Submission of Matters to a Vote of Security Holders.

None.

 

Item 6.

Significant Obligors of Pool Assets.

Not applicable.

 

Item 7.

Change in Sponsor Interest in the Securities.

None.

 

Item 8.

Significant Enhancement Provider Information.

Not applicable.

 

Page 2 of 4


Item 9.

Other Information.

Not applicable.

 

Item 10.

Exhibits.

 

(a)

   Monthly Servicer’s Certificate for the month of March 2026 – Nissan Auto Receivables 2022-A Owner Trust.
   Asset Data File (Incorporated by reference to Exhibit 102 to Form ABS-EE filed by the Issuing Entity on April 22, 2026).
   Asset Related Document (Additional Explanatory Disclosure) (Incorporated by reference to Exhibit 103 to Form ABS-EE filed by the Issuing Entity on April 22, 2026).

(b)

   Exhibits:    99.1 Monthly Servicer’s Certificate for the month of March 2026 – Nissan Auto Receivables 2022-A Owner Trust.
      102 Asset Data File (Incorporated by reference to Exhibit 102 to Form ABS-EE filed by the Issuing Entity on April 22, 2026).
      103 Asset Related Document (Additional Explanatory Disclosure) (Incorporated by reference to Exhibit 103 to Form ABS-EE filed by the Issuing Entity on April 22, 2026).

 

Page 3 of 4


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

   

NISSAN AUTO RECEIVABLES COMPANY II LLC

(Depositor)

Date: April 24, 2026    

/s/ Nathan Debernardi

    Nathan Debernardi, Assistant Treasurer

 

 

Page 4 of 4

EX-99.1 2 d121271dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

Nissan Auto Receivables 2022-A Owner Trust

Servicer’s Certificate

 

Collection Period

     31-Mar-26      30/360 Days      30      Collection Period Start      1-Mar-26  

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

       1,142,065,005.32        74,282,311.04        64,489,871.88        0.061910  

Yield Supplement Overcollaterization

 

    100,398,337.54        1,672,337.58        1,388,441.00     

Total Adjusted Pool Balance

       1,041,666,667.78        72,609,973.46        63,101,430.88     

Total Adjusted Securities

       1,041,666,667.78        72,609,973.46        63,101,430.88        0.060577  

Class A-1 Notes

     0.49597     180,000,000.00        0.00        0.00        0.000000  

Class A-2a Notes

     1.32000     365,000,000.00        0.00        0.00        0.000000  

Class A-2b Notes

     0.00000     0.00        0.00        0.00        0.000000  

Class A-3 Notes

     1.86000     365,000,000.00        0.00        0.00        0.000000  

Class A-4 Notes

     2.07000     90,000,000.00        30,943,305.68        21,434,763.10        0.238164  

Certificates

     0.00000     41,666,667.78        41,666,667.78        41,666,667.78        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

     0.00       0.00        —         —      

Class A-4 Notes

     9,508,542.58       53,377.20        105.6504731        0.5930800     

Certificates

     0.00       0.00        —         —      
  

 

 

   

 

 

          

Total Securities

     9,508,542.58       53,377.20           
  

 

 

   

 

 

          

I. COLLECTIONS

             

Interest:

             

Interest Collections

             97,311.73     

Repurchased Loan Proceeds Related to Interest

 

          0.00     
       

 

 

    

Total Interest Collections

             97,311.73     

Principal:

             

Principal Collections

             9,754,443.79     

Repurchased Loan Proceeds Related to Principal

 

          0.00     
       

 

 

    

Total Principal Collections

             9,754,443.79     

Recoveries of Defaulted Receivables

 

          95,194.41     
       

 

 

    

Total Collections

             9,946,949.93     
          

 

 

    

II. COLLATERAL POOL BALANCE DATA

 

          
                  Number      Amount         

Adjusted Pool Balance - Beginning of Period

 

       15,776        72,609,973.46     

Total Principal Payment

             9,508,542.58     
          

 

 

    
          14,694        63,101,430.88     


Nissan Auto Receivables 2022-A Owner Trust

Servicer’s Certificate

 

III. DISTRIBUTIONS

  

Total Collections

     9,946,949.93  

Reserve Account Draw

     0.00  

Total Available for Distribution

     9,946,949.93  

1. Reimbursement of Advance

     0.00  

2. Servicing Fee:

  

Servicing Fee Due

     61,901.93  

Servicing Fee Paid

     61,901.93  

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

     0.00  

Class A-3 Notes Monthly Interest Paid

     0.00  

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

     53,377.20  

Class A-4 Notes Monthly Interest Paid

     53,377.20  

Change in Class A-4 Notes Interest Carryover Shortfall

     0.00  


Nissan Auto Receivables 2022-A Owner Trust

Servicer’s Certificate

 

Total Note Monthly Interest

    

Total Note Monthly Interest Due

       53,377.20  

Total Note Monthly Interest Paid

       53,377.20  

Total Note Interest Carryover Shortfall

       0.00  

Change in Total Note Interest Carryover Shortfall

       0.00  

Total Available for Principal Distribution

       9,831,670.80  

4. Total Monthly Principal Paid on the Notes

       9,508,542.58  

Total Noteholders’ Principal Carryover Shortfall

       0.00  

Total Noteholders’ Principal Distributable Amount

       9,508,542.58  

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

       323,128.22  

Deposit from Remaining Available Collections to fund Reserve Account

       0.00  

Remaining Available Collections Released to Certificateholder

       323,128.22  

V. RESERVE ACCOUNT

    

Initial Reserve Account Amount

       2,604,166.67  

Required Reserve Account Amount

       2,604,166.67  

Beginning Reserve Account Balance

       2,604,166.67  

Deposit of Remaining Available Collections

       0.00  

Ending Reserve Account Balance

       2,604,166.67  

Required Reserve Account Amount for Next Period

       2,604,166.67  

VI. POOL STATISTICS

    

Weighted Average Coupon

       1.61

Weighted Average Remaining Maturity

       13.22  
     Amount     Number  

Principal on Defaulted Receivables

     37,995.37       9  

Principal Recoveries of Defaulted Receivables

     95,194.41    
  

 

 

   

Monthly Net Losses

     (57,199.04  

Pool Balance at Beginning of Collection Period

     74,282,311.04    

Net Loss Ratio for Third Preceding Collection Period

     -0.99  

Net Loss Ratio for Second Preceding Collection Period

     -0.76  

Net Loss Ratio for Preceding Collection Period

     0.29  

Net Loss Ratio for Current Collection Period

     -0.92  

Four-Month Average Net Loss Ratio

     -0.60  

Cumulative Net Losses for all Periods

     1,908,332.28    


Nissan Auto Receivables 2022-A Owner Trust

Servicer’s Certificate

 

     Amount     Number     % of Receivables
(EOP Balance)
 

Delinquent Receivables:

      

31-60 Days Delinquent

     783,246.15       121       1.21

61-90 Days Delinquent

     180,604.27       27       0.28

91-120 Days Delinquent

     18,390.19       6       0.03

More than 120 Days

     0.00       0       0.00
  

 

 

   

 

 

   

 

 

 

Total 31+ Days Delinquent Receivables:

     982,240.61       154       1.52

61+ Days Delinquencies as Percentage of Receivables (EOP):

      

Delinquency Ratio for Third Preceding Collection Period

     0.23     0.17  

Delinquency Ratio for Second Preceding Collection Period

     0.25     0.17  

Delinquency Ratio for Preceding Collection Period

     0.24     0.21  

Delinquency Ratio for Current Collection Period

     0.31     0.22  

Four-Month Average Delinquency Ratio

     0.26     0.20  

60 Day Delinquent Receivables

     198,994.46      

Delinquency Percentage

     0.31    

Delinquency Trigger

     4.90    

Does the Delinquency Percentage exceed the Delinquency Trigger?

     No      

Principal Balance of Extensions

     387,139.73      

Number of Extensions

     43      

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