Blue Bridge Financial closed its first asset-backed securitization, Blue Bridge Funding 2023-1, at $124.8 million. Blue Bridge Funding 2023-1 includes four classes of notes and is backed by 2,156 secured loans. read more
JAN 17, 2024 - 6:40 am
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
Channel completed a second equipment finance securitization, a $190 million issuance of asset-backed notes collateralized by a portfolio of equipment receivables. The notes consist of four classes, rated AA (sf), A (sf), BBB (sf) and BB+ (sf) by Kroll Bond Rating Agency. read more
NOV 20, 2023 - 6:58 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
Republic First Bancorp, the parent company of Republic Bank, appointed Francis Mitchell senior vice president, treasurer and chief investment officer. read more
JUN 8, 2023 - 6:57 am
Tellus Equipment Solutions, a John Deere agricultural and turf equipment dealer in Texas, closed a new $115 million credit facility. Truist Securities is the lead arranger and sole bookrunner for the facility. read more
MAY 10, 2023 - 7:06 am
Topgolf Callaway Brands completed a series of related transactions in support of a plan to refinance its capital structure, including a seven-year, $1.25 billion senior secured term loan B arranged by Bank of America, JPMorgan Chase, MUFG Securities and Truist Securities. read more
MAR 20, 2023 - 7:13 am
Truist agreed to sell a 20% stake in Truist Insurance Holdings to funds managed by private equity firm Stone Point Capital for $1.95 billion. read more
FEB 16, 2023 - 7:18 am
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
MAY 13, 2022 - 7:23 am
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
Mar/Apr 2022
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
MAR 7, 2022 - 6:15 am
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
FEB 18, 2022 - 6:48 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
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
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
JAN 7, 2021 - 6:38 am