Kroll Bond Rating Agency assigned preliminary ratings to six classes of notes issued by Encina Equipment Finance 2021-1, which is Encina Equipment Finance’s first public equipment asset-backed securitization transaction. read more
MAY 14, 2021 - 7:25 am
DLL and AGCO, a designer, manufacturer and distributor of agricultural equipment, closed DLLAA 2021-1, a U.S. securitization transaction issuing notes totaling $1 billion. read more
MAY 6, 2021 - 6:48 am
Kroll Bond Rating Agency assigned preliminary ratings to three series of notes issued by Willis Engine Structured Trust VI, an aircraft engine ABS transaction. Willis Engine Structured Trust VI is another securitization of Willis Lease Finance and the fourth rated by KBRA. read more
MAY 4, 2021 - 6:40 am
Kroll Bond Rating Agency assigned preliminary ratings to TRP 2021 LLC, Green Secured Railcar Equipment Notes, Series 2021-1, Class A Notes and Class B Notes, a railcar leasing securitization. read more
APR 30, 2021 - 6:49 am
Amur Equipment Finance closed its ninth term securitization in which it issued $346 million in notes secured by equipment loans and leases originated through its platform. The securitization is the company’s largest to date. read more
APR 22, 2021 - 6:57 am
Textainer Marine Containers VII Limited (TMCL VII), an indirect, wholly-owned subsidiary of Textainer, priced a new debt offering of $651 million of fixed-rate asset-backed notes, comprised of $605 million in Class A notes and $46 million in Class B notes. read more
MAR 31, 2021 - 6:27 am
North Mill Equipment Finance closed its fourth commercial equipment backed securitization, NMEF Funding 2021-A. The $236.588 million ABS issuance, North Mill’s largest, featured five tranches of notes, achieving a roughly 86% advance rate through the Class D note. read more
MAR 22, 2021 - 6:30 am
Global Jet Capital, a global provider of financial solutions for business aircraft, closed its BJETS 2021-1 securitization, raising approximately $663 million. BJETS 2021-1 is Global Jet Capital’s fifth ABS offering. read more
MAR 22, 2021 - 6:19 am
Centra Funding completed its first securitization of equipment finance receivables, Centra Funding 2021-1. The proceeds from this securitization amount to approximately $65 million. read more
MAR 17, 2021 - 6:36 am
Kroll Bond Rating Agency assigned preliminary ratings to five classes of notes issued by NMEF Funding 2021-A. The notes are newly issued asset-backed securities backed by a portfolio of equipment leases and loans. NMEF 2021-A is North Mill Equipment Finance’s fourth equipment ABS. read more
MAR 5, 2021 - 6:59 am
Stonebriar Commercial Finance closed its eighth asset-backed securitization, SCFET 2021-1. The ABS issuance is secured by a portfolio of commercial equipment loans and leases with an aggregate discounted contract balance of more than $1 billion. read more
MAR 4, 2021 - 6:43 am
Commercial Credit Group, an independent commercial equipment finance company, closed a 144a privately-placed term asset-backed security (ABS) transaction. The $327.821 million financing was placed with a group of fixed income investors, representing 23 unique institutions. read more
FEB 17, 2021 - 6:36 am
Fleetscape Capital entered into a financing structure with Macquarie Bank that is based on securitization principles and enables Fleetscape to offer sale-and-leaseback or unitranche financing on competitive terms. read more
FEB 17, 2021 - 6:31 am
GreatAmerica Financial Services completed a term securitization of $631.5 million in privately placed bonds with institutional investors, marking the company’s 20th such securitization. read more
FEB 16, 2021 - 6:42 am
Crossroads Equipment Lease & Finance priced its $163 million ABS debut to solid demand, reducing its cost of borrowing and enabling expanded funding options. The ABS is backed by commercial truck loans. read more
FEB 10, 2021 - 7:01 am