# Nissan Auto Lease Trust 2026-B — bankruptcy/administration [announced]
Source: SEC API (secapi.ai) · situation sit_1431ab5b8ae574347163 · retrieved 2026-08-11T16:15:06.340Z

## Overview
Nissan Auto Lease Trust 2026-B is an asset-backed securitization vehicle that issues notes backed by a portfolio of closed-end retail vehicle lease contracts and related Nissan and Infiniti vehicles.

On July 21, 2026, Nissan Auto Leasing LLC II and Nissan Motor Acceptance Company LLC entered into an underwriting agreement with Citigroup Global Markets Inc. and other underwriters for the issuance and sale of $1,289,740,000 aggregate principal amount of asset-backed notes in seven classes: Class A-1 Notes ($127,200,000 at 3.949%), Class A-2a Notes ($414,000,000 at 4.44%), Class A-2b Notes ($80,000,000 at SOFR + 0.36%), Class A-3 Notes ($494,000,000 at 4.69%), Class A-4 Notes ($84,800,000 at 4.78%), Class B Notes ($49,940,000 at 4.87%), and Class C Notes ($39,800,000 at 5.08%). The notes are backed by closed-end retail vehicle lease contracts and related Nissan and Infiniti vehicles. Closing is anticipated for July 29, 2026.

## Terms
- Counterparty: Citigroup Global Markets Inc. · Deal value: $1.29B · Consideration: cash

## Key dates
- Announced 2026-07-23 · Expected close 2026-07-29

## Timeline
- 2026-07-23 · 8-K (0001193125-26-313760): 8-K - Nissan Auto Lease Trust 2026-B — *Nissan Auto Lease Trust 2026-B is an asset-backed securitization vehicle that issues notes backed by a portfolio of closed-end retail vehicle lease contracts and related Nissan and Infiniti vehicles.* On July 21, 2026, Nissan Auto Leasing LLC II and Nissan Motor Acceptance Company LLC entered into an underwriting agreement with Citigroup Global Markets Inc. and other underwriters for the issuance and sale of $1,289,740,000 aggregate principal amount of asset-backed notes in seven classes: Class A-1 Notes ($127,200,000 at 3.949%), Class A-2a Notes ($414,000,000 at 4.44%), Class A-2b Notes ($80,000,000 at SOFR + 0.36%), Class A-3 Notes ($494,000,000 at 4.69%), Class A-4 Notes ($84,800,000 at 4.78%), Class B Notes ($49,940,000 at 4.87%), and Class C Notes ($39,800,000 at 5.08%). The notes are backed by closed-end retail vehicle lease contracts and related Nissan and Infiniti vehicles. Closing is anticipated for July 29, 2026.
  https://www.sec.gov/Archives/edgar/data/2141529/0001193125-26-313760.txt

## Citations
- 0001193125-26-313760 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526313760