Amur Equipment Finance Closes its Largest Term Securitization



Amur Equipment Finance closed its 10th term securitization, its largest ever, in which it issued $483 million in notes secured by equipment loans and leases originated through its platform.

“We entered 2021 with an ambitious growth plan, which we exceeded. We processed $5 billion in equipment finance applications, surpassed $1 billion in portfolio size and achieved an annual run-rate of $1 billion in booked transactions. This successful securitization, our largest ever, with each class of notes substantially oversubscribed, would not have been possible without the hard work and dedication of every member of the Amur family,” Kalyan Makam, executive vice president at Amur, said.

The transaction was rated by both DBRS Morningstar and Moody’s, with $391.7 million of the notes rated P-1/RIH or AAA/Aaa, respectively, the highest rating available by each agency.

“This transaction again demonstrated the broad and deep support Amur has earned from the investor and banking communities,” Elliott Klass, general counsel and head of syndications at Amur, said. “Our partners recognize the power and potential of our platform, which gives us great momentum as we enter 2022 with even larger goals.”


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