Dext Capital closed its fourth asset-backed securitization. The $232 million trade was comprised of four investment-grade notes, including a money market tranche and a AAA class, rated by Moody’s and Kroll Bond Rating Agency. read more
NOV 29, 2023 - 6:52 am
Stonepeak, an alternative investment firm specializing in infrastructure and real assets, entered into a definitive agreement to acquire Textainer Group, a lessor of intermodal containers in a transaction valued at $7.4 billion. read more
OCT 23, 2023 - 7:22 am
Verdant Commercial Capital closed its initial 144a term securitization, VERD 2023-1, which issued notes totaling $251.253 million that are backed by a portfolio of equipment leases and loans. read more
AUG 23, 2023 - 6:49 am
Griffin Global Asset Management, a commercial aircraft leasing and alternative asset management business, closed a three-year, $525 million unsecured revolving credit facility. read more
AUG 9, 2023 - 6:45 am
Amur Equipment Finance completed its 12th term securitization and issued $377 million in notes secured by equipment loans and leases originated through its platform. The transaction was rated by S&P and Moody’s, making this Amur’s first transaction rated by S&P. read more
JUL 6, 2023 - 7:04 am
Brookfield Infrastructure Partners entered a definitive agreement to acquire Triton International in a cash and stock transaction valuing Triton’s common equity at approximately $4.7 billion and reflecting a total enterprise value of approximately $13.3 billion. read more
APR 13, 2023 - 7:09 am
CNH Industrial Capital, a wholly-owned subsidiary of CNH Industrial, completed its previously announced offering of $400 million in aggregate principal amount of 5.45% notes due 2025, with an issue price of 99.349%. read more
OCT 17, 2022 - 7:08 am
Global Jet Capital closed its BJETS 2022-1 securitization, raising approximately $609 million. BJETS 2022-1 is Global Jet Capital’s sixth asset-backed security offering, bringing the company’s total assets securitized to approximately $4.4 billion. read more
MAY 18, 2022 - 7:16 am
Franklin BSP Lending and Franklin BSP Capital, business development companies advised by affiliates of Benefit Street Partners, acquired substantially all of the equity interests of Encina Equipment Finance. read more
JAN 5, 2022 - 8:00 am
Ryder executed a five-year, $1.4 billion global revolving credit facility, which includes 11 global institutions and will expire on Dec. 14, 2026. BofA Securities and MUFG Bank acted as joint bookrunners and joint lead arrangers for the facility. read more
DEC 21, 2021 - 6:29 am
Patriot National Bancorp will acquire digital banking company American Challenger Development via a reverse subsidiary merger, with American Challenger surviving as a wholly-owned subsidiary of Patriot. read more
NOV 16, 2021 - 6:37 am
Container leasing company Triton International took multiple actions to implement its planned transition to a debt capital structure made up of primarily unsecured debt, including amending and restating its existing revolving and term loan facilities so that both will now be unsecured. read more
OCT 15, 2021 - 6:18 am
Ritchie Bros. amended and extended its $1.045 billion credit agreement, with BofA Securities and RBC Capital Markets serving as joint lead arrangers and joint bookrunners, Bank of America serving as administrative agent and the Royal Bank of Canada serving as syndication agent. read more
SEP 22, 2021 - 6:27 am
Stonebriar Commercial Finance issued and sold $227 million of Series A 7.5% fixed-rate reset cumulative preferred shares in a private offering. read more
AUG 24, 2021 - 6:31 am
United Rentals’ subsidiary, United Rentals North America, priced an offering of $750 million principal amount of 3.75% senior notes due 2032 in a registered public offering. read more
AUG 2, 2021 - 6:17 am