Nissan Auto Lease Trust 2024-B has recently filed an ABS-EE report with the Securities and Exchange Commission (SEC) on October 23, 2026. This filing is significant as it provides insights into the trust's asset-backed securities, particularly those related to auto leases. The report indicates the trust's continued engagement in the asset-backed securities market, which is vital for financing in the automotive industry.
Background
Nissan Auto Lease Trust 2024-B, classified under the SIC code 6189 for Asset-Backed Securities, is an operating entity based in Franklin, Tennessee. The trust is involved in the securitization of auto leases, allowing it to raise capital through the issuance of securities backed by the cash flows from these leases. This filing is part of a series of recent submissions, including a 10-D report dated September 25, 2026, and another ABS-EE report filed on September 23, 2026.
What the Filing Says
The SEC filing includes essential details about the trust's asset data and related documentation. It states, "File an Asset Data File in accordance with Exhibit 601(b)(102)" and "File an Asset Related Document in accordance with Exhibit 601(b)(103)." These statements indicate the trust's compliance with regulatory requirements for asset-backed securities.
Impact
This filing may affect various stakeholders, including investors looking for insights into the performance and risk profile of the underlying assets. The detailed asset information, including lease terms and vehicle values, provides transparency that can inform investment decisions. Additionally, the filing highlights the competitive landscape of the asset-backed securities market, where Nissan Auto Lease Trust operates alongside Nissan Auto Leasing LLC II and Nissan Motor Acceptance Company LLC.
What's Next
The filing does not specify what happens next for Nissan Auto Lease Trust 2024-B. However, stakeholders can expect ongoing updates as the trust continues to manage its asset portfolio and comply with regulatory requirements.