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Company News

Nissan Auto Receivables 2020-A Owner Trust

03/28/2024 | Press release | Distributed by Public on 03/28/2024 08:46

Asset-Backed Issuer Distribution Report - Form 10-D

Nissan Auto Receivables 2020-A Owner Trust

Servicer's Certificate

Collection Period

29-Feb-24

30/360 Days

Collection Period Start

1-Feb-24

Distribution Date

15-Mar-24

Actual/360 Days

Collection Period End

29-Feb-24

Prior Month Settlement Date

15-Feb-24

Current Month Settlement Date

15-Mar-24


	Coupon Rate			Initial Balance			Beginning Balance		Ending Balance		Pool Factor
Pool Balance			1,119,632,940.81				102,109,654.25			92,642,543.15			0.088472
Yield Supplement Overcollaterization			72,495,090.62				1,970,620.79			1,699,176.77
Total Adjusted Pool Balance			1,047,137,850.19				100,139,033.46			90,943,366.38
Total Adjusted Securities			1,047,137,850.19				100,139,033.46			90,943,366.38			0.086849
Class A-1 Notes		0.97793	%			162,000,000.00			0.00			0.00		0.000000
Class A-2a Notes		1.45000	%			352,000,000.00			0.00			0.00		0.000000
Class A-2b Notes		0.00000	%			0.00			0.00			0.00		0.000000
Class A-3 Notes		1.38000	%			401,000,000.00			0.00			0.00		0.000000
Class A-4 Notes		1.70000	%			85,000,000.00			53,001,183.27			43,805,516.19		0.515359
Certificates		0.00000	%			47,137,850.19			47,137,850.19			47,137,850.19		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		9,195,667.08				75,085.01			108.1843186			0.8833531
Certificates		0.00				0.00			-			-

Total Securities		9,195,667.08				75,085.01


I. COLLECTIONS

Interest:
Interest Collections					275,381.96
Repurchased Loan Proceeds Related to Interest				0.00

Total Interest Collections					275,381.96
Principal:
Principal Collections					9,384,595.32
Repurchased Loan Proceeds Related to Principal				0.00

Total Principal Collections					9,384,595.32
Recoveries of Defaulted Receivables					79,701.60

Total Collections					9,739,678.88


II. COLLATERAL POOL BALANCE DATA

							Number		Amount
Adjusted Pool Balance - Beginning of Period				16,959				100,139,033.46
Total Principal Payment					9,195,667.08

			16,298				90,943,366.38

Nissan Auto Receivables 2020-A Owner Trust

Servicer's Certificate


III. DISTRIBUTIONS

Total Collections			9,739,678.88
Reserve Account Draw			0.00
Total Available for Distribution			9,739,678.88
1. Reimbursement of Advance			0.00
2. Servicing Fee:
Servicing Fee Due			85,091.38
Servicing Fee Paid			85,091.38
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			75,085.01
Class A-4 Notes Monthly Interest Paid			75,085.01
Change in Class A-4 Notes Interest Carryover Shortfall			0.00

Nissan Auto Receivables 2020-A Owner Trust

Servicer's Certificate


Total Note Monthly Interest
Total Note Monthly Interest Due			75,085.01
Total Note Monthly Interest Paid			75,085.01
Total Note Interest Carryover Shortfall			0.00
Change in Total Note Interest Carryover Shortfall			0.00
Total Available for Principal Distribution			9,579,502.49
4. Total Monthly Principal Paid on the Notes			9,195,667.08
Total Noteholders' Principal Carryover Shortfall			0.00
Total Noteholders' Principal Distributable Amount			9,195,667.08
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			383,835.41
Deposit from Remaining Available Collections to fund Reserve Account			0.00
Remaining Available Collections Released to Certificateholder			383,835.41

V. RESERVE ACCOUNT

Initial Reserve Account Amount			10,471,378.50
Required Reserve Account Amount			10,471,378.50
Beginning Reserve Account Balance			10,471,378.50
Deposit of Remaining Available Collections			0.00
Ending Reserve Account Balance			10,471,378.50
Required Reserve Account Amount for Next Period			10,471,378.50

VI. POOL STATISTICS

Weighted Average Coupon			3.32	%
Weighted Average Remaining Maturity			16.09

	Amount			Number
Principal on Defaulted Receivables		82,515.78			9
Principal Recoveries of Defaulted Receivables		79,701.60

Monthly Net Losses		2,814.18
Pool Balance at Beginning of Collection Period		102,109,654.25
Net Loss Ratio for Third Preceding Collection Period		0.48	%
Net Loss Ratio for Second Preceding Collection Period		1.85	%
Net Loss Ratio for Preceding Collection Period		0.49	%
Net Loss Ratio for Current Collection Period		0.03	%
Four-Month Average Net Loss Ratio		0.71	%
Cumulative Net Losses for all Periods		3,480,009.00

Nissan Auto Receivables 2020-A Owner Trust

Servicer's Certificate


	Amount			Number		% of Receivables (EOP Balance)
Delinquent Receivables:
31-60 Days Delinquent		927,568.75			109		1.00	%
61-90 Days Delinquent		291,334.17			29		0.31	%
91-120 Days Delinquent		32,505.39			4		0.04	%
More than 120 Days		0.00			0		0.00	%

Total 31+ Days Delinquent Receivables:		1,251,408.31			142		1.35	%
61+ Days Delinquencies as Percentage of Receivables (EOP):
Delinquency Ratio for Third Preceding Collection Period		0.38	%		0.24	%
Delinquency Ratio for Second Preceding Collection Period		0.28	%		0.19	%
Delinquency Ratio for Preceding Collection Period		0.26	%		0.15	%
Delinquency Ratio for Current Collection Period		0.35	%		0.20	%
Four-Month Average Delinquency Ratio		0.32	%		0.20	%
60 Day Delinquent Receivables		323,839.56
Delinquency Percentage		0.35	%
Delinquency Trigger		4.90	%
Does the Delinquency Percentage exceed the Delinquency Trigger?		No
Principal Balance of Extensions		252,782.46
Number of Extensions		29

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

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