Amur Equipment Finance closed its eighth term securitization, in which it issued $226.3 million in notes secured by small- and mid-ticket equipment loans and leases. In the last two years, AmurEF has securitized nearly $1 billion in equipment-backed notes as part of its ongoing securitization program.

“We are proud of the very strong market response to our securitization, especially given the uncertainty created by the COVID-19 pandemic,” Kalyan Makam, executive vice president of AmurEF, said. “The overwhelming investor interest is a powerful affirmation of the performance and diversity of our originations, the quality of our portfolio and the strength of our platform and business model.”

KeyBanc Capital Markets again served as structuring agent, bookrunner and lead manager, with Siebert Williams Shank servicing as co-manager for the securitization. DBRS Morningstar rated all classes of notes and Moody’s rated the Class A-1 through Class D notes.

AmurEF is one of the largest independent equipment finance companies in the U.S., rising to fourth place on Monitor’s 2019 ranking of Top Private Independents.