Wingspire Equipment Finance closed WEF 2026-1, its third equipment asset-backed securitization (ABS). Issuing a total of $407.07 million across six classes of notes, WEF 2026-1 is the company’s largest ABS issuance to date. The senior notes received AAA ratings from Fitch Ratings and Kroll Bond Rating Agency. The transaction was more than 5x oversubscribed.
WEF 2026-1 is backed by a portfolio of equipment lease and loan contracts with an aggregate securitization value of approximately $438.18 million as of the Aug. 31, 2026 initial cutoff date. The portfolio includes 211 contracts across 63 obligors.
“Three ABS transactions in three years, each larger than the last, demonstrate the scale and execution Wingspire Equipment Finance brings to the market,” Eric Freeman, CEO of Wingspire Equipment Finance, said. “Our third ABS transaction gives us greater capacity to deliver on large opportunities and continue growing alongside the businesses we serve.”
