Amur Equipment Finance to Issue $226.5MM ABS



Amur Equipment Finance, the No. 8-ranked 2018 Monitor Top Private Independent, will issue its sixth asset-backed securitization, Amur Equipment Finance Receivables VI, valued at $226.5 million.

According to American Banker, the transaction — which will be the second issuance since the company’s rebrand — resembles its 2016 ABS completed as Axis Capital, which consisted of six classes of equipment lease and loan backed notes.

DBRS assigned provisional ratings to the following classes of equipment contract backed notes to be issued:

  • $59,000,000 Series 2018-2, Class A-1 Notes at R-1 (high) (sf)
  • $131,806,000 Series 2018-2, Class A-2 Notes at AAA (sf)
  • $8,850,000 Series 2018-2, Class B Notes at AA (sf)
  • $7,198,000 Series 2018-2, Class C Notes at A (sf)
  • $9,558,000 Series 2018-2, Class D Notes at BBB (sf)
  • $5,546,000 Series 2018-2, Class E Notes at BB (sf)
  • $4,602,000 Series 2018-2, Class F Notes at B (sf)


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Terry Mulreany
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