United Leasing & Finance closed a $125 million revolving credit facility and a $300 million warehouse facility. These strategic facilities will significantly enhance the company’s capacity to support the equipment needs of its growing customer base. read more
AUG 21, 2024 - 6:18 am
Redaptive, an energy-as-a-service and financing solutions provider, appointed Kenneth Gorham as its new capital markets leader. Gorham comes to Redaptive with over 35 years of experience. Most recently, he served as the director of equipment finance, capital markets at Truist Bank. read more
MAY 21, 2024 - 6:52 am
SLR Equipment Finance closed a new $350 million credit facility with Bank of America and Truist Bank to support the growth of its business over the next several years. read more
MAR 6, 2024 - 6:35 am
Griffin Global Asset Management Holdings added Truist Bank with a $50 million commitment into its unsecured revolving credit facility. This transaction closed on Dec. 29, 2023, and increases the amount available in the facility to $575 million. read more
JAN 19, 2024 - 6:58 am
Capteris closed a new $350 million credit facility to support the growth of its equipment finance business. Truist Bank is serving as administrative agent and Bank of America is also partnering with Capteris on the facility. read more
SEP 8, 2023 - 6:59 am
Dext Capital closed on Dext ABS 2023-1, the company’s third securitization and its largest to date. The $293 million transaction secured orders from 15 new investors and 22 in total. read more
APR 11, 2023 - 6:52 am
Encina Equipment Finance closed a new non-recourse secured revolving loan facility with initial lending commitments from three lenders totaling $450 million. Bank of America structured the facility and is the administrative agent and the lead lender. read more
APR 28, 2022 - 7:18 am
Sheffield Financial, a division of Truist Bank, and Tohatsu America agreed to a multiyear financing services program agreement. The agreement allows Sheffield to provide lending services to Tohatsu customers through the Tohatsu dealer network. read more
OCT 20, 2021 - 6:23 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
Truist Bank will combine banking operations and corporate and institutional group operations and launch a global services capability to create a new center of excellence — Enterprise Operations and Global Services. The bank named Raj Bharadwaj executive vice president and head of enterprise operations. read more
AUG 23, 2021 - 6:21 am
ECN Capital entered into a definitive agreement with Truist Bank to sell all of the issued and outstanding equity interests in each of Service Finance Company and Service Finance Holdings for cash proceeds of $2 billion. read more
AUG 11, 2021 - 6:47 am
Sheffield Financial, a division of Truist Bank, and Kawasaki Motors agreed to a multi-year financing services program agreement. read more
MAR 22, 2021 - 6:17 am
North Mill Equipment Finance increased the size of its senior loan facility with Deutsche Bank to $125 million to support 2020 originations. Additionally, North Mill closed a new $50 million senior loan facility with Truist Bank in December. The new loan facility increased North Mill’s total credit availability to $205 million. read more
DEC 28, 2020 - 6:14 am
Ryder System entered into a new 364-day unsecured syndicated term loan totaling $400 million with a syndicate of eight large financial institutions led by Bank of America as administrative agent. read more
APR 3, 2020 - 6:35 am