Kroll Bond Rating Agency assigned preliminary ratings to three classes of notes issued by Business Jet Securities 2024-1, LLC, a business jet asset-backed securitization transaction sponsored and serviced by Global Jet Capital. read more
APR 4, 2024 - 6:45 am
Kroll Bond Rating Agency assigned preliminary ratings to six classes of notes issued by Post Road Equipment Finance 2024-1, LLC (PREF 2024-1), an equipment ABS transaction from Post Road Equipment Finance. read more
FEB 2, 2024 - 6:45 am
Amur Equipment Finance completed its 13th term securitization, issuing $406.3 million in notes secured by equipment loans and leases originated through its platform. More than 50 unique investors participated in this transaction, which was led by Bank of America, BMO and Truist and was nearly six times oversubscribed with more than $2.3 billion in total orders. read more
FEB 1, 2024 - 6:43 am
Vendor finance company DLL closed DLLST 2024-1, its first U.S. securitization transaction this year, issuing notes totaling $750 million. The notes are backed by loans and leases secured with office equipment and technology solutions. read more
JAN 26, 2024 - 6:47 am
Varilease Finance (dba VFI Corporate Finance), a finance firm that specializes in equipment and project financing, closed its second asset-backed securitization in the fourth quarter of 2023. read more
JAN 24, 2024 - 6:48 am
Blue Bridge Financial closed its first asset-backed securitization, Blue Bridge Funding 2023-1, at $124.8 million. Blue Bridge Funding 2023-1 includes four classes of notes and is backed by 2,156 secured loans. read more
JAN 17, 2024 - 6:40 am
Kroll Bond Rating Agency assigned preliminary ratings to four classes of notes issued by MMAF Equipment Finance LLC 2024-A (MMAF 2024-A), MassMutual Asset Finance’s 20th equipment ABS transaction. read more
JAN 11, 2024 - 6:59 am
Kroll Bond Rating Agency assigned preliminary ratings to four classes of notes issued by Blue Bridge Funding 2023-1 LLC (Blue Bridge 2023-1), Blue Bridge Financial’s first equipment ABS transaction. read more
DEC 15, 2023 - 6:42 am
Moody's Investors Service upgraded equipment ABS notes sponsored by Amur Equipment Finance. The notes are backed by a pool of fixed-rate loans and leases secured primarily by trucking, transportation and construction equipment. read more
DEC 11, 2023 - 7:04 am
Dext Capital closed its fourth asset-backed securitization. The $232 million trade was comprised of four investment-grade notes, including a money market tranche and a AAA class, rated by Moody’s and Kroll Bond Rating Agency. read more
NOV 29, 2023 - 6:52 am
Kroll Bond Rating Agency assigned preliminary ratings to seven classes of notes issued by Auxilior Term Funding 2023-1, LLC (Auxilior 2023-1), Auxilior Capital Partners’ first equipment ABS transaction. read more
NOV 28, 2023 - 6:54 am
The Greenbrier Companies, a supplier of equipment and services to the global freight transportation markets, completed a follow-on offering of railcar asset-backed securities, securing long-term financing for its leasing business. read more
NOV 21, 2023 - 7:11 am
Channel completed a second equipment finance securitization, a $190 million issuance of asset-backed notes collateralized by a portfolio of equipment receivables. The notes consist of four classes, rated AA (sf), A (sf), BBB (sf) and BB+ (sf) by Kroll Bond Rating Agency. read more
NOV 20, 2023 - 6:58 am
Commercial Credit Group finalized a $427.538 million term asset-backed security (ABS) transaction. The securitization was placed with a group of fixed income investors from 32 unique institutions. Wells Fargo Securities served as structuring agent and lead bookrunner for the placement. read more
NOV 15, 2023 - 7:11 am
Kroll Bond Rating Agency assigned preliminary ratings to five classes of notes issued by Dext ABS 2023-2, LLC (Dext 2023-2), the fourth equipment ABS transaction sponsored by Dext Capital. read more
NOV 14, 2023 - 6:52 am