DLL Closes $1B Securitization Backed by AGCO Finance Leases and Loans
DLL closed DLLAA 2023-1, a U.S. securitization transaction, issuing notes totaling $1 billion. The notes are backed by loans and...
Quiktrak Merges with Douglas-Guardian Services Corporation
After being acquired by RCap Equity Partners, Quiktrak left the Bureau Veritas Group and merged with the Douglas-Guardian Services Corporation...
Gordon Brothers and Nations Capital Join Forces to Expand Commercial & Industrial Presence
Gordon Brothers, an advisory, restructuring and investment firm, and Nations Capital (NCI) joined forces to expand the firms’ commercial and...
ISM Reports Continued Economic Activity Expansion in Services Sector
Economic activity in the services sector expanded in July for the seventh consecutive month, as the Services PMI registered 52.7%,...
M&T Bank Promotes Hutton to Delaware Regional President
M&T Bank named Mark Hutton Delaware regional president. Hutton assumed the role following the retirement of Nick Lambrow, the bank's former top executive...
Peapack Private Adds Private Banker Radigan
Private banker Raymond C. Radigan joined Peapack Private, a division of Peapack-Gladstone Bank, to help grow the business as the...
KBRA Rates Verdant Commercial Capital’s First Public Equipment ABS Transaction
Kroll Bond Rating Agency assigned preliminary ratings to five classes of notes issued by Verdant Receivables 2023-1 LLC (Verdant 2023-1),...
ELFA Unveils Agenda for 2023 Lease and Finance Accountants Conference in New Orleans
The Equipment Leasing and Finance Association announced the agenda for its 2023 Lease and Finance Accountants Conference. This year, the...
Commercial Chapter 11 Bankruptcy Filings Increased 71% Y/Y in July
There were 362 commercial Chapter 11 filings registered in July 2023, an increase of 71% from the 212 filings registered...
US Bancorp Announces Debt/Equity Conversion with MUFG
U.S. Bancorp plans to issue 24 million shares of common stock to an affiliate of Mitsubishi UFJ Financial Group (MUFG)...
