Nissan Motor Acceptance Corp. has filed an S-3 with the Securities and Exchange Commission (SEC) to issue under its Nissan Master Owner Trust Receivables program.
The deal will be backed by loans related to the purchase and financing by U.S. retail motor vehicle dealers of their new, pre-owned and used automobile and light-duty truck inventory.
To access the full SEC filing, please on this
In other deal news, the Mercedes-Benz's auto lease securitization was reportedly upsized to $1.09 billion from $750 million.
Additionally, according to a Bloomberg report, Honda Motor Co. has released price guidance on its over $1 billion auto transaction. The deal's top-ranked, $155 million portion that has a weighted average life of 2.99 years might yield around 30 basis points over interpolated swaps, the report said.
