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Nissan Motor Acceptance Co. LLC FRN 13-SEP-2027

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Overview
Analysis

NSAN5890625 analysis



Key facts


Issuer
Nissan Motor Acceptance Co. LLC
Issue date
Sep 13, 2024
Maturity date
Sep 13, 2027
Outstanding amount
‪300.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
6.98% (Variable)
Yield to maturity
7.16%
Nissan Motor Acceptance Co. LLC provides automotive financial services. It purchases retail installment obligations from dealers for financing new and used vehicles. The firm also provides wholesale inventory, capital and mortgage loan financing to Nissan and Infiniti retailers. The company was founded on November 6, 1981 and is headquartered in Irving, TX.
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