Kroll Bond Rating Agency released research about the impact of the current Israel-Hamas conflict on aviation asset-based securities, stating that exposure to Israeli lessees in such transactions is currently limited. read more
OCT 12, 2023 - 6:53 am
Goldman Sachs entered into an agreement to sell its GreenSky platform and associated loan assets to a consortium of institutional investors led by Sixth Street. The transaction is expected to close in Q1/24, subject to standard closing conditions. read more
OCT 12, 2023 - 6:49 am
Barnes & Thornburg added public finance partners M. Elizabeth Walker and Jerimi J. Ullom to its Indianapolis office. Previously, Walker and Ullom worked together at a national healthcare-focused law firm. read more
OCT 12, 2023 - 6:48 am
Alaska Air Cargo took delivery of the first of two 737-800 Boeing converted freighter aircraft on lease from BBAM Limited Partnership. Alaska Air Cargo plans to use the aircraft for expanded freight service in the state of Alaska and beyond in the coming months. read more
OCT 12, 2023 - 6:46 am
As published in the latest release of ACT Research’s North American Commercial Vehicle Outlook, expectations for Class 8 trucks and trailers have lowered as a recovery in freight markets remains elusive. read more
OCT 12, 2023 - 6:45 am
Dan Barclay, CEO and group head of capital markets for BMO Financial Group, will retire on Nov. 1 and transition to a role as senior advisor to the CEO. BMO selected Alan Tannenbaum to succeed Barclay and to join the bank’s executive committee. read more
OCT 11, 2023 - 6:44 am
Honour Capital hired Brent McQueen as regional manager of sales for its recently opened California office. McQueen previously worked for Winthrop Resources, TCF Capital Solutions, Huntington National Bank and Sebron Capital. read more
OCT 11, 2023 - 6:42 am
Auxilior Capital Partners was named the third-fastest growing company in the greater Philadelphia area as part of the Philadelphia Business Journal’s annual Soaring 76 list, which identifies the 76 fastest-growing companies in the region. read more
OCT 11, 2023 - 6:40 am
Accord Financial closed a $40 million equipment lease line to a pet supply manufacturer and distributor. This financing has enabled the company to purchase new equipment for its primary manufacturing plant as it expands its production capacity and sales. read more
OCT 11, 2023 - 6:39 am
Twenty-seven of the Equipment Leasing and Finance Association’s member employees completed its two-day, instructor-led “Principles of Equipment Leasing and Finance” curriculum in September. read more
OCT 11, 2023 - 6:37 am
Air Lease reported aircraft sale proceeds of approximately $350 million and aircraft investments of approximately $450 million for Q3/23. read more
OCT 11, 2023 - 6:35 am
Small business loan approval percentages at big banks ($10 billion or more in assets) fell again, dropping from 13.2% in August to 13.1% in September, according to the latest Biz2Credit Small Business Lending Index. read more
OCT 11, 2023 - 6:34 am
Horizon Technology Finance, an affiliate of Monroe Capital, provided a $35 million venture loan facility to Mirantis, of which $20 million was initially funded. Mirantis will use the loan proceeds for general growth and working capital. read more
OCT 11, 2023 - 6:32 am
Clarus Capital completed a new $7 million lease facility for a sponsor-backed manufacturer of specialized land management equipment. The funding will support strategic capital investments to expand capacity, drive production efficiency and optimize the supply chain. read more
OCT 10, 2023 - 6:57 am
Citi agreed to sell its onshore consumer wealth portfolio in China, including clients, assets under management and deposits, to HSBC Bank China. The transaction covers total deposits and investment assets under management of approximately $3.6 billion. read more
OCT 10, 2023 - 6:55 am