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
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
CNH Industrial Capital completed its previously announced offering of $500 million in aggregate principal amount of 5.5% notes due 2029, with an issue price of 99.399%. read more
SEP 14, 2023 - 7:07 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
Verdant Commercial Capital closed its inaugural term securitization, Verdant Receivables 2022-1. The transaction was privately issued to an insurance company. The bonds are backed by a portfolio of equipment leases and loans. read more
FEB 7, 2023 - 7:10 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
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
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
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
CNH Industrial’s wholly-owned subsidiary, CNH Industrial Capital, priced $600 million in aggregate principal amount of 1.450% notes due 2026, with an issue price of 99.208%. read more
MAY 24, 2021 - 6:32 am
Centra Funding completed its first securitization of equipment finance receivables, Centra Funding 2021-1. The proceeds from this securitization amount to approximately $65 million. read more
MAR 17, 2021 - 6:36 am
TD Bank and Wells Fargo entered a definitive agreement, subject to certain closing conditions, for TD to acquire Wells Fargo's Canadian direct equipment finance business. read more
JAN 15, 2021 - 7:13 am
CNH Industrial Capital completed its offering of $600 million in aggregate principal amount of 1.950% notes due 2023, with an issue price of 99.370%. read more
JUL 6, 2020 - 6:41 am
AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust, each a wholly-owned subsidiary of AerCap, priced their offering of senior notes, consisting of $1.25 billion aggregate principal amount of 4.50% senior notes due 2023. read more
JUN 29, 2020 - 7:30 am