Truist Securities Related Content

Octane Closes $375MM ABS Transaction Secured by Powersport Equipment Loans

Octane, a financial technology company providing financing for recreational vehicles, closed a $375 million securitization (OCTL 2022-1), which is collateralized by fixed-rate installment powersports and outdoor power equipment loans. read more

Optimizing Access to Capital: Examining Bank Funding Options for Independents

As an independent, access to capital and cost of funds is always top of mind. Monitor checks in with Kyle Shenton and Brock Wolf, who outline the types of capital available to independents and the process involved in accessing each source. ... read more

North Mill Equipment Finance Prices its Largest Securitization at $371.07MM

North Mill Equipment Finance closed its fifth commercial equipment-backed securitization (ABS), NMEF Funding 2022-A. The $371.07 million transaction represents North Mill’s largest ABS issuance to date, surpassing its $236.588 million ABS issuance in March 2021. read more

Truist Securities Makes Leadership Appointments in Tech, ESG, Private Institutional Capital

Truist Securities hired Stellar Kim Tucker as group head of technology investment banking and Julie Bennett Bunuan as group head of ESG advisory and intra-industries coverage. The company also promoted Ileana Chu to group head of private institutional capital. read more

BofA and MUFG Lead $1.4B Revolving Credit Facility for Ryder

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

Triton International Completes Transition of Debt Capital Structure

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

AerCap Prices $1B Aggregate Principal Amount of Senior Notes

AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust, which are each wholly-owned subsidiaries of AerCap, priced their offering of senior notes, consisting of $1 billion aggregate principal amount of 1.75% senior notes due 2026. read more

ELFA: Independents Finding Opportunity Despite COVID-19 Environment

A majority of participants polled during a session presented at ELFA 2020 Business LIVE! said that independents will gain market share over banks and captives in 2021. Where they are finding opportunities and how they pursue deals were among the topics of an event session. read more

Balboa Capital Completes $201MM Securitization

Balboa Capital closed its seventh equipment asset-backed securitization, a $201 million issuance. Truist Securities served as structuring agent and was an initial purchaser of the notes and co-lead along with Credit Suisse Securities. read more

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