# EDGAR Filing Document

**Accession Number:** 0001244832
**File Stem:** 0001193125-25-163548
**Filing Date:** 2025-7
**Character Count:** 4597
**Document Hash:** 57ed8b4ff8c9f9876245f4ba9b009818
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-163548.hdr.sgml**: 20250724

**ACCESSION NUMBER**: 0001193125-25-163548

**CONFORMED SUBMISSION TYPE**: FWP

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250724

**DATE AS OF CHANGE**: 20250723

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NISSAN AUTO LEASING LLC II
- **CENTRAL INDEX KEY:** 0001244832
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **EIN:** 954885574
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** FWP
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-282606
- **FILM NUMBER:** 251143974

**BUSINESS ADDRESS:**
- **STREET 1:** ONE NISSAN WAY, ROOM 5-124
- **CITY:** FRANKLIN
- **STATE:** TN
- **ZIP:** 37067
- **BUSINESS PHONE:** 6157251127

**MAIL ADDRESS:**
- **STREET 1:** ONE NISSAN WAY, ROOM 5-124
- **CITY:** FRANKLIN
- **STATE:** TN
- **ZIP:** 37067
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NISSAN AUTO LEASING LLC II
- **CENTRAL INDEX KEY:** 0001244832
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **EIN:** 954885574
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** FWP

**BUSINESS ADDRESS:**
- **STREET 1:** ONE NISSAN WAY, ROOM 5-124
- **CITY:** FRANKLIN
- **STATE:** TN
- **ZIP:** 37067
- **BUSINESS PHONE:** 6157251127

**MAIL ADDRESS:**
- **STREET 1:** ONE NISSAN WAY, ROOM 5-124
- **CITY:** FRANKLIN
- **STATE:** TN
- **ZIP:** 37067

**Filed Pursuant to Rule 433**<br> **Registration No. 333-282606**<br> **and 333-282606-03**<br>

\*\*Full Pricing Details\*\* $1bn Nissan Auto Lease Trust 2025-B

Joint Lead Bookrunners: Citigroup Global Markets (structuring), Mizuho, MUFG Securities, and Bank of America.

Co-Managers: Wells Fargo Securities, US Bancorp, Lloyds Securities, and BNP Paribas.

-Capital Structure-

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| CLS | $AMT(MM) \* | WAL | M/F\*\* | P.WIN | E-FINAL | L-FINAL | BNCH | Spread | Yield (%) | Cpn (%) | PRICE |
|  A-1 | 91.900 | 0.24 | P-1/F1+ | 1-6 | 1/15/2026 | 8/17/2026 | I-CRV | +12 | 4.467 | 4.467 | 100.00000 |
|  A-2A  | 207.600 | 1.21 | Aaa/AAA | 6-21 | 4/15/2027 | 3/15/2028 | I-CRV | +47 | 4.484 | 4.44 | 99.99703 |
|  A-2B | 180.000 | 1.21 | Aaa/AAA | 6-21 | 4/15/2027 | 3/15/2028 | SOFR30A | +47 |  |  | 100.00000 |
|  A-3 | 387.600 | 2.18 | Aaa/AAA | 21-31 | 2/15/2028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11/15/2028 | I-CRV | +52 | 4.364 | 4.32 | 99.99012 |
|  A-4 | 61.430 | 2.60 | Aaa/AAA | 31-33 | 4/15/2028 | 7/16/2029 | I-CRV | +57 | 4.394 | 4.35 | 99.98960 |
|  B | 33.370 | 2.71 | Aa1/AA | 33-34 | 5/15/2028 | 7/16/2029 | I-CRV | +79 | 4.609 | 4.56 | 99.98654 |
|  C | 37.700 | 2.79 | Aa3/A | 34-35 | 5/15/2028 | 11/15/2029 | I-CRV | +105 | 4.865 | 4.81 | 99.98347 |

---

\*\* Expected ratings

Transaction Details:

\* Ticker : NALT 2025-B

\* Offered Size : $1bn 

\* Format : Public/SEC Registered

\* Pricing speed : 75% PPC to maturity 

\* Expected Ratings : Moody's/Fitch

\* ERISA Eligible : Yes

\* US RR Eligible : Yes

\* EU RR Eligible : No

\* Min denoms : $1,000 x $1,000 

\* Expected Settlement : Tuesday, July 29th, 2025

\* First Payment Date : August 15th, 2025

\* Monthly Payment Date : Monthly on 15th or next business day

\* Bill and Deliver : Citi

------

Available Information:

\* Preliminary Prospectus & FWP (Attached)

\* Roadshow Link: https://dealroadshow.com/e/NALT25B

Passcode: NALT25B

\* Intex CDI File (Attached)

Intex Dealname: xnal25b

Password: 6K6Y

—Company is available for conference calls upon request—

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Website at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-831-9146. Any legends, disclaimers or notices that appear below are not applicable to this message and should be disregarded. Such text has been automatically generated via bloomberg or another system.