Securitization

KBRA Assigns Preliminary Ratings to Global Jet Capital’s Business Jet ABS

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

KBRA Assigns Preliminary Ratings to ABS Transaction from Post Road Equipment Finance

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

Amur Equipment Finance Completes 13th Term Securitization Transaction

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

DLL Closes its First US Securitization Transaction of 2024 at $750MM

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

VFI Corporate Finance Closes Second Asset-Backed Securitization

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

Blue Bridge Financial Closes Inaugural ABS Transaction at $124.8MM

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

KBRA Assigns Preliminary Ratings to MassMutual Asset Finance’s 20th Equipment ABS

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

KBRA Assigns Preliminary Ratings to Blue Bridge Financial’s First Equipment ABS Transaction

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

Moody’s Investors Service Upgrades Equipment ABS Notes from Amur Equipment Finance

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

Dext Capital Closes Fourth ABS Transaction

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

KBRA Assigns Preliminary Ratings to Auxilior Capital Partners’ First Equipment ABS Transaction

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

Greenbrier Completes Second Railcar Asset-Backed Securities Issuance

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

Channel Closes $190MM Equipment Finance Securitization

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

Commercial Credit Group Closes $427.538MM Term ABS Transactions

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

KBRA Rates Dext Capital’s Fourth Equipment ABS Transaction

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

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com