Kuwait Times: ATEL Leasing Portfolio Acquired by Warba Bank

According to the Kuwait Times, an equipment leasing portfolio managed by ATEL Capital Group was acquired by Kuwait-based Warba Bank.

The Times reported that Warba has initially invested $8.2 million in a diversified portfolio of operating leases as part of the transaction.

ATEL has originated and managed over $2 billion of equipment leases, according to the Times.

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